An interview on Odd Lots, Bloomberg In the wake of the Great Financial Crisis, you heard a lot of talk about the US becoming like Greece unless the budget deficit were brought under control. However, these warnings proved to be unfounded. That being said, there are risks of a different variety. On the latest Odd Lots, we speak with the economist Michael Hudson on the risk of too much private sector debt, which could lead to permanently degraded consumption and investment. Listen to the podcast. Photo by Hafidh Satyanto on Unsplash

In discussion alongside Steve Keen - always enlightening. Photo by Sigrid Wu on Unsplash

Grumbine 2020` Macro N Cheese – Episode 88 Michael Hudson [intro/music] (00:02): The money that you pay for debt service to a bank isn’t spent back into the economy. The bank bond holders are basically the 1% of the economy. They’re rich enough that they’re not going to take all this extra money they get to buy more goods and services. They’ll buy shitty trophy art, Andy Warhol junk. Who is the dumbest economic Nobel Prize winner? Paul Krugman. That’s right. He was given a Nobel Prize for not understanding what money was. If he would have understood it, that would’ve excluded him from getting the Nobel Prize. Geoff Ginter [intro/music] (01:26): Now, let’s see if we can avoid the apocalypse altogether. Here’s another episode of Macro and Cheese with your host, Steve Grumbine. Steve Grumbine (01:34): All right. And ...

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 ...

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 ...

An interview on Gary Null's Progressive Commentary Hour. We dig into debts during the cov-19 period in light of my book '...and forgive them their debts.' Photo by Lopez Robin on Unsplash

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.

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 ...

TRANSCRIPT: US CORONAVIRUS 'BAILOUT' SCAM IS $6 TRILLION GIVEAWAY TO WALL ST - ECONOMIST MICHAEL HUDSON EXPLAINS 21 APRIL 2020 BY MODERATE REBELS Facing the Covid-19 pandemic, the US Congress rammed through the CARES Act — which economist Michael Hudson explains is not a “bailout” but a massive, $6 trillion giveaway to Wall Street, banks, large corporations, and stockholders.  Max Blumenthal and Ben Norton discuss the enormous financial scam with Hudson, who reveals how the economy actually works, with the Federal Reserve printing money so rich elites don’t lose their investments.  Michael Hudson, “A debt jubilee is the only way to avoid a depression,” The Washington Post, March 21, 2020 Transcript MICHAEL HUDSON: Just think of when, in the debates with Bernie Sanders during the spring, Biden and Klobuchar kept saying, ‘What we’re paying for Medicare-for-All will be ...

An interview on the Radical Imagination.