Tag Archives: Michael Hudson

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 , , , , , , , , , , , , | Leave a comment

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 , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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 , , , , , , , , | Leave a comment

$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

Posted in Debt, Debt Slavery, Federal Reserve, fiat currency, Financial Terrorism, Rent-seeking, Secondary debt market, self-issued currency | Tagged , , , , , | Leave a comment

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 , , , , , , , , , , , , | Leave a comment