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Alternative to European Austerity - MMT, #249 with Stephanie Kelton and Michael Hudson
Guns & Butter / Bonnie Faulkner • March 7, 2012
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Difference between sovereign and non-sovereign money; what is money; fiat money; gold standard; fixed exchange rates; the Euro; difference between central banks and commercial banks; deflation and inflation; financial war against the economy; credit supply and asset prices; bank lending and capital investment; debt deflation stage and austerity stage of finance capitalism.

(Republished from Guns & Butter by permission of author or representative)
← The Greatest Bank Robbery Ever, #248European Central Bank: Its Real Agenda,... → 
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← The Greatest Bank Robbery Ever, #248European Central Bank: Its Real Agenda,... → 
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