Michael Hudson: Should The Federal Reserve Taper QE, If Banks Get Most of the Benefits?

Alternative Bailout Plan

Image by Mike Licht via Flickr

with Michael Hudson
Writer, Dandelion Salad
June 15, 2015

TheRealNews on Jun 15, 2015

UMKC professor of economics Michael Hudson explains how the bond-buying program helps keep interest rates low for everyday people but has also shored up bad mortgage loans of corrupt banks.


Michael Hudson is a former Wall Street economist. A Distinguished Research Professor at University of Missouri, Kansas City (UMKC), he is the author of many books, including Super Imperialism: The Economic Strategy of American Empire (new ed., Pluto Press, 2002) and Trade, Development and Foreign Debt: A History of Theories of Polarization v. Convergence in the World Economy. His book summarizing his economic theories, The Bubble and Beyond, is now available. His latest book is Finance Capitalism and Its Discontents. His upcoming book is titled Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy. He can be reached via his website, mh@michael-hudson.com.

from the archives:

Richard D. Wolff: The Coming Crash and The Recession That Never Ended

Ukraine Labor Dares Operation Vulture by Michael Hudson

Can the Working Class Still Change the World? by Kyle Brown

Michael Hudson: QE Intentions All Too Obvious + Kleptocrats who run Ukraine economy will grab IMF cash & run

Big Fish, Little Fish by Michael Hudson

2 thoughts on “Michael Hudson: Should The Federal Reserve Taper QE, If Banks Get Most of the Benefits?

  1. Pingback: Overt Money Financing: Raining Money on Main Street by Ellen Brown | Dandelion Salad

  2. Pingback: Trumping the Federal Debt Without Playing the Default Card by Ellen Brown | Dandelion Salad

Comments are closed.