PQC: I love the “title”, which evokes the Christian prayer for “forgiveness”, one of the two pillars of Christ teaching. Do I have to mention the other pillar? But don’t hold your breath! You’ve seen enough Christians around you, have you not ? I digress.
Anyway, Listen carefully to this segment folks! M.Hudson explains the fraud and the deceit of “our” economic system very clear! That’s why PCR considers M.Hudson is the best, not one of the best, contemporary economist. I would say he is a true economist, because others are so-called “economists”, but most of who are actually just crackers and charlatans who never dare go deeper into this web of fraud and deceit.
As always, the last word is yours!
And forgive them their debts
In this episode of the Summer Solutions 2019 for the Keiser Report, Max and Stacy are joined by Dr. Michael Hudson, author of many books, including ‘And Forgive Them Their Debts’, for his ideas on solutions to the ever growing wealth and income gap currently ‘solved’ with ever increasing amounts of debt. They discuss the reason for the huge surge in the wealth and income gap that began in the early seventies as the top one percent ran off with all the productivity gains. What role, if any, does the post-Bretton-Woods-all-fiat-dollar-reserve-system play in this economic injustice? The discussion then moves to Representative Brad Sherman’s recent claim that, “An awful lot of our international power comes from the fact that the US dollar is the standard unit of international finance and transactions. Clearing through the New York Fed is critical for major oil and other transactions.”