A tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment disproportionately punishes the poor.
The free market is notorious for distributing resources in a highly unequal manner, with great concentrations of wealth at the top and poverty at the… - Linda Mcquaig
The free market is notorious for distributing resources in a highly unequal manner, with great concentrations of wealth at the top and poverty at the…
- Linda Mcquaig
The statement, "The debt problem has become so extreme that we have no choice but to cut social spending" is presented as an objective assessment of … - Linda Mcquaig
The statement, "The debt problem has become so extreme that we have no choice but to cut social spending" is presented as an objective assessment of …
Anyone observing U.S. politics in recent years could easily conclude that lying about having sex is a serious offense worthy of impeachment, while ly… - Linda Mcquaig
Anyone observing U.S. politics in recent years could easily conclude that lying about having sex is a serious offense worthy of impeachment, while ly…
High interest rates focus on the revenue of a parasitic class. - Linda Mcquaig
High interest rates focus on the revenue of a parasitic class.
High interest rates focus on the revenue of a parasitic class.Historically the financial system has been structured in favour of moneyed interests, t… - Linda Mcquaig
High interest rates focus on the revenue of a parasitic class.Historically the financial system has been structured in favour of moneyed interests, t…
For society to function some kind of reasonable balance has to be stuck between the competing interests of creditors and debtors. Although the mandat… - Linda Mcquaig
For society to function some kind of reasonable balance has to be stuck between the competing interests of creditors and debtors. Although the mandat…
The basic issue is whether the financial elite or the government on behalf of the people should have the profit from creating money. - Linda Mcquaig
The basic issue is whether the financial elite or the government on behalf of the people should have the profit from creating money.
The absurdity of public-choice theory is captured by Nobel Prize-winning economist Amartya Sen in the following little scenario: "Can you direct me t… - Linda Mcquaig
The absurdity of public-choice theory is captured by Nobel Prize-winning economist Amartya Sen in the following little scenario: "Can you direct me t…
A tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment di… - Linda Mcquaig
A tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment di…
Login to join the discussion
Login to join the discussion