Quote of the Day | 0202

  • Have banks outlived their historical role, or can they be restructured to finance productive capital investment rather than simply inflate asset prices?
  • Would a public option provide less costly and better directed credit?
  • Why not promote economic recovery by writing down debts to reflect the ability to pay, rather than relinquishing more wealth to an increasingly aggressive creditor class?

Michael Hudson, ‘Banks Weren’t Meant to Be Like This’


[x]#9765 fan donderdag 2 februari 2012 @ 12:43:48