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Forums > Politics & Religion > 2Freaky's fave leftists, economist Michael Hudson.
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Thread started 09/05/17 10:47am

2freaky4church
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2Freaky's fave leftists, economist Michael Hudson.

This is why I am so fly peeps. Michael Hudson is a leading, controversial economist. He is a former insider with big banks, so he knows where the bodies are buried. His main issue is private debt. Private debt is what is really affecting the economy. He thinks public debt is a made up crisis. He thinks we should ignore the debt/deficit, we can actually print money and should. He believes we should print money instead of raise taxes! You rarely see lefties say that. We should go after rent seeking, going after people who make money on our debt, like credit cards, rents. He is a huge critic of Casino Capitalism, putting playing with money over real investment. He thinks we should regulate all rent seeking, including on housing. There should be rent control on actual rents. The poor should live in middle class communities in mixed communities. He supports guaranteed incomes. Give everybody ten thousand dollars a year for a bit. It would juice the economy. He's basically a traditional socialist

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Forums > Politics & Religion > 2Freaky's fave leftists, economist Michael Hudson.