Financial warfare: All to the creditors – Nothing to the debtors www.michael-hudson.com Dr. Hudson is President of The Institute for the Study of Long-Term Economic Trend, a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of “Super-Imperialism: The Economic Strategy of American Empire”.
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After rewarding economic elite, to create money by issuing debt free money the government to go back and pay off the debt, rebuild the infrastructure of the country, people will be taken beginning to pay dividends to the citizens money demand and the economy has received a great manifesto of all federal taxes without having to go again. The land value tax on real estate speculation is always popular, will provide funds to prevent state and local government. No problem.
Wow. . . Hudson is very clear. . . One can see what really happens very few people do. Courage is the only result I can see should be the U.S. empire anthropos.To Republic. America is finished as a consumer society. It is the only remaining army.