Video and transcript of Amy Goodman and Aaron Mate interviewing Nomi Prins
Democracy Now! | Video Interview
All the President's Bankers: Nomi Prins on the Secret History of Washington-Wall Street Collusion
Amy Goodman and Aaron Mate interview Nomi Prins
See also Zero Hedge, All The Presidents' Bankers: The Hidden Alliances That Drive American Power
Prins is getting full spectrum coverage. This is left-right bipartisan issue, although the diagnosis and treatment differs.
14 comments:
Off topic, but speaking of interviews .... nice one with Stephanie Kelton on the latest Disorderly Conduct podcast:
https://www.tarbellnyc.com/discon
This is worth watching:
http://economistsview.typepad.com/economistsview/2014/04/summers-lack-of-demand-creates-lack-of-supply.html
Is Summers becoming a post-Keynesian?
I think he may be seeing the light and is shifting stance.
Tom,
have you watched his speech and the Q&A?
Not yet, y. I am basing my view on things he said in the recent past and his acquaintance with MMT.
Re: I think he may be seeing the light and is shifting stance.
He can see all the light you please. He is a scoundrel, and I think you should know better.
For just two examples:
http://www.truthdig.com/eartotheground/item/larry_summers_and_the_end-game_memo_20130825
http://www.whirledbank.org/ourwords/summers.html
Let's be charitable and say that no one is irredeemable.
But the fact is that the world is ruled by scoundrels, and replacing all of them is hardly feasible absent political revolution.
If we can entice or force them toward our position, we'll all be better off.
http://en.wikipedia.org/wiki/Summers_memo
The world is inhabited by scoundrels too. They elect their own.
Yes, but my scoundrel is better than yours.
@ y
Neoliberalism at its best. No wonder Summers became the darling of neoliberals on the "left" (oxymoron).
Well, let us just say that - independently of the stand he may have taken in other instances - this time Larry Summers got it 100% right.
Welcome to the left wing of Keynesianism, Larry!
one thing that was off was Summer's apparent argument that higher interest rates would reduce 'financial instability'.
He appears to have dumped the 'natural rate of interest' theory though, which is pretty astounding if true.
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