Wednesday, March 15, 2023

The Mechanics of a Bond Market and its Impact on the Banking Crisis — Michael Hudson

A market valuation problem is not a fraud problem this time around. 

Michale Hudson explains the big difference between this crisis and 2008. 

Michael Hudson — On Finance, Real Estate And The Powers Of Neoliberalism
The Mechanics of a Bond Market and its Impact on the Banking Crisis
Michael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University


See also

Geopolitical Economics
Michael Hudson: Why the US banking system is breaking up

1 comment:

Matt Franko said...

Hudson: “ It cannot escape from its 13 years of Quantitative Easing without reversing the asset-price inflation and causing bonds, stocks and real estate to lower their market value.”

All the Fed has to do is let the Treasury redeem the securities they (Fed) possess…