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To: Perspective who wrote (62283)3/8/2012 2:05:16 PM
From: TH1 Recommendation  Read Replies (2) | Respond to of 119360
 
bc,

Nice.

Did you happen to see the Jim Grant interview yesterday? It's superb.

zerohedge.com

GT
TH



To: Perspective who wrote (62283)3/8/2012 2:05:47 PM
From: bentway1 Recommendation  Respond to of 119360
 
Keynes is forgotten in the good times, when his prescription called for paying down the debt. Then, there's the (R)'s, who've been in power more than half the time in my lifetime, and don't believe in or follow Keynes at all. We have no unified economic policy here.



To: Perspective who wrote (62283)3/8/2012 2:08:04 PM
From: No Mo Mo1 Recommendation  Read Replies (1) | Respond to of 119360
 
Odd, I just listened to an interview with Michael Hudson yesterday.

It's from a summit that took place a couple weeks ago and it's excellent.

------------------------------

kpfa.org

Guns and Butter"There IS An Alternative To European Austerity: Modern Money Theory (MMT)" with Stephanie Kelton and Michael Hudson in Rimini, Italy. 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.