Tag Archives: Michael Hudson
Socialism scare more accurately aimed at capitalism
It’s hilarious when the capitalists try to fearmonger over trying something that might actually help people. Socialism leads to “complete economic calamity?” Isn’t that what capitalism did in 2008? And 1987? And 1971? And 1929? And is about to do … Continue reading
Posted in Asset Bubble, class war, Crap-italism, fiat currency, Financial Terrorism, Financialization, Liberty Road, Master Narrative, Nixon Shock, Rent-seeking, Rentier, Securities, socialism, Uncategorized, Wealth transfer
Tagged capitalism, Donald Trump, economics, fearmongering, late capitalism, Marc Faber, Michael Hudson, recession, Reverse socialism, socialism, Zero Hedge
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How the rich got richer and continue to do so: evading risk.
On the most recent episode of the Keiser Report, Max and Stacy open the show with a discussion of the chart below, which shows that the top 1 percent of the world’s population owns half of the world’s wealth, and … Continue reading
Posted in Crap-italism, Debt, Everything Is Rigged, Financial Terrorism, Financialization, Reverse socialism, Wealth transfer
Tagged Bank of England, capitalism, crap-italism, derivatives, Financial Terrorism, GIABO, global wealth pyramid, Max Keiser, Michael Hudson, one percent, risk, Simon Heffer, Stacy Herbert
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GOLD, SUPERPOWERS, AND…RAVEN-SYMONE?
There’s something wrong with the money system. It’s fraudulent on its face—“money” is “loaned” into existence, which is a concept so fantastical and illusory that they have to brainwash us our entire lives to get us to accept it. They … Continue reading
Posted in "supply and demand", fiat currency, Gold, Gold standard, self-issued currency
Tagged Alex Jones, Alex Schaefer, Bob Marley, COMER v. Bank of Canada, David Graeber, Ellen Brown, fiat currency, gold, Hawkwind, income inequality, King Midas, L. Randall Wray, Marshall Crenshaw, Max Keiser, Michael Hudson, Michael Tellinger, Nick Hanauer, Occupy Wall Street, Peter Joseph, Pope Francis, Positive Money, Raven-Symone, Russell Brand, self-issued currency, superpowers, Warrior on The Edge of Time, wealth
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WHY DOES EVERYTHING COST SO MUCH? SCHIFF EXPLAINS
The simple answer is, of course, inflation. The powers that be are trying to convince us that inflation is a good thing, a healthy thing, as Peter Schiff notes here: “It is no accident that the concept of ‘inflation’ has … Continue reading
Posted in "supply and demand", Asset Bubble, class war, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Iran, minimum wage, Price, Price-fixing, QE unlimited, Redistribution, Uncategorized, Wage slavery, Wages, Wealth transfer, ZIRP
Tagged Federal Reserve, fictional money, inflation, Michael Hudson, minimum wage, Peter Schiff, purchasing power, QE, ZIRP
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$200 TO SETTLE $10K? OPEN THE “SECONDARY DEBT MARKET” TO THE PUBLIC AND FIX THE ECONOMY!
So the Rolling Jubilee continues! Right on! It’s a great idea, but one wonders, why can’t we all be given the option to do this ourselves? That is, why can’t we buy our own bad debts and thereby extinguish them? … Continue reading
THE BANK VS. YOU: ASYMMETRICAL WARFARE
Rarely does one hear the financial terrorism of the banks distilled with such clarity into a single paragraph… Max Keiser (begins at 17:42): If we look at the recent history of these financial predators going back 5 or 6 years, … Continue reading
Posted in Asset Bubble, Debt, Debt Slavery, Financial Terrorism, Foreclosure, Keiser Report, Rent-seeking, Rentier, Wages, ZIRP
Tagged debt slavery, foreclosure, fraud, Goldman Sachs, homeowners, Max Keiser, Michael Hudson, predatory lending, QE, rent-seeking, rentiers, risk, ZIRP
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