Michael Hudson: Inflation and Illegal Repo Loans

Rich Uncle Pennybags

Image by Sean Davis via Flickr

with Michael Hudson
Writer, Dandelion Salad
January 13, 2022

Moderate Rebels on Jan 8, 2022

Economist Michael Hudson explains the inflation crisis and the Fed’s secretive $4.5 trillion bank bailout.

Economist Michael Hudson discusses the global inflation crisis and how the US Federal Reserve quietly (and apparently illegally) bailed out big banks in 2019 with $4.5 trillion of emergency repo loans.


Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of …and forgive them their debts (2018), J is for Junk Economics (2017), Killing the Host (2015), The Bubble and Beyond (2012), Super Imperialism: The Economic Strategy of American Empire (1968 & 2003 & 3rd Edition 2021), Trade, Development and Foreign Debt: A History of Theories of Polarization v. Convergence in the World Economy (1992 & 2009) and of The Myth of Aid (1971), amongst many others. He can be reached via his website Michael Hudson, mh@michael-hudson.com.

See also:

There’s a News Blackout on the Fed’s Naming of the Banks that Got Its Emergency Repo Loans; Some Journalists Appear to Be Under Gag Orders, by Pam Martens and Russ Martens

Biden over-delivered on military spending and under-delivered on social spending, by Stephen Semler

From the archives:

As Long as Capitalism Exists, The Threat of Fascism Exists, by Pete Dolack

Eugene Puryear: US in 2021: Crisis at Home, Chaos Warriors Abroad

Michael Hudson: Biden Between BlackRock and a Hard Place

Collapsing Federal Corporate Crime Enforcement, by Ralph Nader

How Banks Launder Money Through the Repo Market by Ellen Brown