An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Sunday, April 10, 2016
Why Krugman's Latest Attack on Sanders' Economic Plans Are Wrong — Jaisal Noor interviews Michael Hudson and Bill Black
Fifteen minute video, no transcript (yet). Smackdown.
It was actually over 30T in rollovers the last time I looked.
That was virtually zero cost liquidity to keep fraudsters afloat after they gamed the system instead of recognizing them as insolvent and putting them in resolution as the law requires.
How anyone can fall for Hilary's faux progressiveness beats me, the woman is pure evil, as Stephen Lendman says?
ReplyDeleteHudson references Wrays "$17T!" spin...
ReplyDeleteIt was actually over 30T in rollovers the last time I looked.
ReplyDeleteThat was virtually zero cost liquidity to keep fraudsters afloat after they gamed the system instead of recognizing them as insolvent and putting them in resolution as the law requires.