Sep 14 2015
Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy
GUEST: Michael Hudson, author of Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy.
The Federal Reserve this week is considering raising interest rates above levels that have hovered at zero since 2008. News media are characterizing the debate over whether or not to increase rates, as “Should we be more concerned about the pace of job growth or the threat of inflation?”
But the question often left unasked is, “why are most Americans still struggling in this economy?” The bottom lines of corporations are taken to be a measure of economic health. But if the economy is ostensibly designed so that all can benefit, why is it that only a few benefit?
2 Responses to “Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy”
great interview!
great book – slowly reading it – many thanks Michael.