Monthly Archives: May 2016
QE for you and me
Donald Trump is many things–racist, reality TV star, torture advocate, strong leader with fascist tendencies. However, Trump is also a truth-teller, in that he has repeatedly challenged conventional wisdom, as articulated by the American political and media elite. He’s kind of … Continue reading
Posted in Uncategorized
Tagged 9-11, Bash kept us safe, Bernie Sanders, CBO, conventional wisdom, Donald Trump, economic orthodoxy, economic populism, fiat currency, George W. Bush, Iraq, Libya, Modern Monetary Theory, neoliberal, President Obama, public infrastructure, Syria, US imperialism
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FIRE Alarm
We used to make things and employee people who were paid wages that they spent back into the economy. Finance properly allocated capital for productive ends rather than speculation and fraud. We had a productive economy that benefitted Main Street … Continue reading
Posted in Uncategorized
Tagged Adam Smith, Austrian School, banana republic, debt serfdom, elite resistance, financialization, FIRE sector, inequality, infrastructure spending, John Stewart Mill, Justice Brandeis, Main street, Michael Hudson, Milton Friedman, neoliberalism, Road to Serfdom, Simon Patten, tollbooth economy, Wall Street
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