A Battle Plan So Subtle It Sends You To Sleep

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Part 2 of the interview with Ellen Brown: It's a War: So says renowned economist Michael Hudson in the concluding part of our recent interview with him. Hudson makes no bones about the deadly serious game being played by the world’s financial powers and their intention to create a new feudal economic order. Hudson sees the privatization of public assets and institutions, like the Fed’s take-over of the Treasury a hundred years ago, as evidence that our struggle for people-focused public policy is being overwhelmed by debt at the hands of capitalism and greed. But people are rising-up as our guest Rickey Gard Diamond, author of “Screwnomics”, says in her recent article in Ms. Magazine “How Public Banks Make Black Lives Matter”. She talks with us about women and ...

Banking as a Public Utility – with Ellen Brown

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https://www.youtube.com/watch?v=SazlVfAu-DI&feature=youtu.be Killing the Host on 'It's Our Money', July 20, 2020. Ellen Brown: My guest today is Dr. Michael Hudson, who we're delighted to have on our Public Banking Institute Advisory Board, and who really should be advising the Federal Reserve and the Treasury, but BlackRock seems to have gotten the job. Paul Craig Roberts, who is former Assistant Treasury Secretary under Reagan, called Michael Hudson the greatest economist on the planet. He's a Wall Street financial analyst, Professor of Economics at the University of Missouri, Kansas City, and author of over two dozen books, including Killing the Host and one called … and Forgive Them Their Debts, which are both particularly relevant today. So it's great to be speaking with you, Michael. Michael Hudson: It's good to be back, Ellen. Ellen ...

Remarks from the Systematic Crises Triggered the Current Pandemic teleconference

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Remarks given at the 1st ASECU Teleconference ‘Systematic Crises Triggered the Current Pandemic & Progressive Way-Outs, May 8, 2020. Well, I think you’re quite right in organizing the conference to point out that today’s pandemic crisis hastens and intensifies the internal contradictions that have been building up. Many of these contradictions are going to be blamed simply on the virus. But there is an underlying problem that the virus is exposing and turning into a crisis. That underlying problem is the debts that have been building up for the last few decades. We are in a situation much like a war. There are winners and there are losers in a war. In this case the winner is the aggressor – the financial sector. Its demands for payment have set the ...

Holding the Bailout Bag

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A podcast with journalist Paul Jay. The Federal Reserve is directly buying stocks, bonds, junk bonds, mortgages, junk mortgages, all to prop up the value of assets owned by the top 5%. This does not spur much new production or create jobs. Michael Hudson joins Paul Jay on theAnalysis.news podcast Transcript Paul Jay Hi, my name’s Paul Jay, and welcome to theAnalysis.news podcast. Michael Hudson is a distinguished research professor of economics at the University of Missouri, Kansas City, and also a professor at Peking University in Beijing. He’s written or edited over 10 books on international finance, economic history and the history of economic thought. His newest book is J is for Junk Economics and most recently, And Forgive Them Their Debts, which Martin Wolf of the Financial Times cited as a ...

Undermining public finance to drive privatization

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I spoke with James Ostaszewski and Alexander Reed Kelly, members of the Debt & Finance Working Group of the New York City chapter of the Democratic Socialists of America. Topics included governments, debt and my history with democratic socialists. NYC-DSA is working with New York State legislators to enable the creation of public banks throughout New York State and supports the goal of debt cancellation. The conversation took place during the afternoon of Tuesday, May 19th.

Definitions and Debate

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Welcome to the Knowledge Problem Podcast, the objective of this podcast is to engage policy professionals over thought provoking and sometimes sensitive topics. We aim to bring these professionals together in a way that does not feed the tribalistic narratives plaguing society today. It is my hope and the hope of all involved in this endeavor that by allowing these ideas to contend and challenge each other, with mutual respect, everyone who listens will learn something not previously considered. The opinions and views of all guests do not necessarily reflect the views of the Knowledge Problem or of anyone involved in this production. Regan: Hello everyone, thank you for tuning into this episode of the Knowledge Problem Podcast. I'm your host Regan Ferrell on today's episode we explore ...

Dollar Recycling and Military Encirclement

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On 22-24 November 2019, International Seminar on Land, Finance, and De-dollarization was held in Macau, China, which was co-organized by Global University for Sustainability, Lingnan University, Southwest University, and the Federal University of Espirito Santo. 20191124 Michael Hudson – Dollar Recycling and De-Dollarization My book “Super Imperialism” was about how the United States has gained a free lunch by establishing the dollar as international reserve currency by replacing gold. I also showed that the U.S. balance of payments deficit is almost entirely military related to support its 800 bases around the world. Ending the gold-exchange standard in 1971 created a situation in which the excess U.S. dollars thrown off by the U.S. payments deficit end up in foreign central banks. For these central banks, the inflow of surplus dollars poses the problem of ...

Trump’s “Bank and Landlord Relief” bill

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The Radical Imagination: Imagining How Financial Parasites and Debt Bondage Are Destroying UsImagining How Financial Parasites and Debt Bondage Are Destroying Us   Jim Vrettos: Welcome once again to the Radical Imagination. I'm your host, Jim Vrettos. I'm a sociologist whose taught at John Jay College of Criminal Justice and Yeshiva University here in New York. Our guest today on the Radical Imagination is Michael Hudson. He was on our March 8th show. We had such an overwhelmingly positive response to that show that we've asked him to return today, and he's been gracious enough to accept. Unlike most economists, he's been a fierce champion and advocate for the economic rights of the poor, workers, disenfranchised and the vulnerable around the world through his scholarship and lifelong activism. His unique economic analysis has explored history's ...

The Hard Fist of American Imperialism

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Moderate Rebels Part 2 Super Imperialism, April 2020 TRANSCRIPT - HOW THE US MAKES COUNTRIES PAY FOR ITS WARS: ECONOMICS OF AMERICAN IMPERIALISM WITH MICHAEL HUDSON | MODERATE REBELS, 24 APRIL 2020 Economist Michael Hudson explains how American imperialism has created a global free lunch, where the US makes foreign countries pay for its wars, and even their own military occupation. Max Blumenthal and Ben Norton discuss the economics of Washington’s empire, the role of the IMF and World Bank, attempts to create alternative financial systems like BRICS, and the new cold war on China and Russia. PART 2 OF 2 (Interview recorded on April 13, 2020) Part 1: “US coronavirus ‘bailout’ scam is $6 trillion giveaway to Wall St – Economist Michael Hudson explains” MICHAEL HUDSON: The World Bank has one primary aim, and that’s to ...