Michael Hudson and Ralph Nader: The Federal Reserve, Quantitative Easing, and Who Runs the US Treasury

US Treasury

Image by Kurtis Garbutt via Flickr

by Michael Hudson
Writer, Dandelion Salad
October 17, 2022

Some follow up comments to my appearance on the Ralph Nader show.

I am looking forward to our next Q&A session with Patreon Plus supporters this Friday.

Ralph Nader Radio Hour on Oct 16, 2022

Ralph welcomes Marta Tellado, president and CEO of Consumer Reports and author of “Buyer Aware: Harnessing Our Consumer Power for a Safe, Fair, and Transparent Marketplace.” She and Ralph tackle many consumer related issues including how consumer rights are also civil rights.

And previous guest Professor Michael Hudson rejoins us to forcefully rebut a listener comment about his view of the Federal Reserve, quantitative easing, and who runs the US Treasury.

Plus, Ralph has some choice words about how we should be thinking about immigration.

[Hudson begins at 43:20 minutes into the video.]

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 A Philosophy for a Fair Society (2022), The Destiny of Civilization (2022), …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 The Myth of Aid (1971), amongst many others. He can be reached via his website Michael Hudson, mh@michael-hudson.com. Originally published Oct. 16, 2022.

From the archives:

The Proletariat in Search of a Class, by Gaither Stewart

There Is No Country On Earth That Fully Protects Workers’ Rights, by Pete Dolack

Michael Hudson and Ralph Nader: The Real Purpose of The Federal Reserve

Michael Hudson: A Short History of Inflation in Modern Times

The Financial Industry Is A Lot Bigger Than A Giant Vampire Squid, by Pete Dolack

Michael Hudson: The Nature of Financialization and Neoliberalism, Interviewed by Eric Draitser

Michael Hudson: Finance Capitalism’s Self-Destructive Nature

Capitalism Is Working As Intended: The Madness of Capitalist Inequality, by Pete Dolack

17 thoughts on “Michael Hudson and Ralph Nader: The Federal Reserve, Quantitative Easing, and Who Runs the US Treasury

  1. Pingback: Michael Hudson and Radhika Desai: Did Big Banks Take Over the Treasury? – Dandelion Salad

  2. Pingback: Reckless Capitalist Banks Rescued by Government Socialism – Again! by Ralph Nader – Dandelion Salad

  3. Pingback: Michael Hudson: Why 3 US Banks Collapsed in 1 Week – Dandelion Salad

  4. Pingback: Inflation, Layoffs, and the $1 Trillion War Budget, by Scott Scheffer – Dandelion Salad

  5. Pingback: Michael Hudson and Radhika Desai: What Causes Inflation? – Dandelion Salad

  6. Pingback: Michael Hudson and Radhika Desai: Multipolarity and the Decline of US Hegemony – Dandelion Salad

  7. Pingback: Central Banks Are A Symptom, Capitalism Is The Cause, by Pete Dolack – Dandelion Salad

  8. Pingback: Michael Hudson: European Union Pressures – Dandelion Salad

  9. Pingback: Chris Hedges and Richard D. Wolff: The Looming Disasters Built Into The U.S. Economic System – Dandelion Salad

  10. Pingback: Michael Hudson: The Rentier Economy is a Free Lunch – Dandelion Salad

  11. Pingback: Michael Hudson: The World Bank Has Always Been An Arm Of The U.S Military – Dandelion Salad

  12. Around the 50 minute mark when Michael states “If you have debt growing faster than the rest of the economy then more and more income has to be spent on debt service,” he forgets to mention medical debt which is huge.

Please add to the conversation.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s