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Michael Hudson Quotes: To the deficit commission, a depression is the solution to the problem, not a problem.
         

To the deficit commission, a depression is the solution to the problem, not a problem.


Michael Hudson
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"Michael Hudson Quotes." Quoteslyfe.com, 2024. Mon. 29 Apr. 2024. <https://www.quoteslyfe.com/quote/To-the-deficit-commission-a-depression-is-886514>.





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Other quotes of Michael Hudson


We go forward with our heads held high, but look back and remember where we come from.

We go forward with our heads held high, but look back and remember where we come from.



You have a choice. Either you can have more oil, or more clean water. Fracking is not good for the water supply.

You have a choice. Either you can have more oil, or more clean water. Fracking is not good for the water supply.



The one sure mark of a con, though, is the promise of free money.

The one sure mark of a con, though, is the promise of free money.



What's bad for the frackers usually is good for the rest of the world.

What's bad for the frackers usually is good for the rest of the world.



Nothing could be better for the economy than to get rid of fracking.

Nothing could be better for the economy than to get rid of fracking.



Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.

Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.



Elites play the role today that landlords played under feudalism. They levy interest and financial fees that are like a tax, to support what the classical economists called "unproductive activity."

Elites play the role today that landlords played under feudalism. They levy interest and financial fees that are like a tax, to support what the classical economists called "unproductive activity."



Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.

Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.



We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery.

We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery.



One basic myth is that rich people get wealthy by earning income. But that's not how most get rich. Most of the gains of the rich people since 1945 have been "capital gains".

One basic myth is that rich people get wealthy by earning income. But that's not how most get rich. Most of the gains of the rich people since 1945 have been "capital gains".





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The right? Ah, what does it help to be in the right if you don't have any power?

The right? Ah, what does it help to be in the right if you don't have any power?



We are built to worship.

We are built to worship.



Life is too short to worry about anything

Life is too short to worry about anything



Tantra won't work unless you've been trapped by spirituality. You have to be trapped by spirituality before you can be liberated from it.

Tantra won't work unless you've been trapped by spirituality. You have to be trapped by spirituality before you can be liberated from it.



This was their first encounter with the fact that a full stomach meant good spirits; an empty one, bickering and gloom.

This was their first encounter with the fact that a full stomach meant good spirits; an empty one, bickering and gloom.



Get low; grace will meet you there.

Get low; grace will meet you there.



So take care of your life and take notice and be observant, for the number of widows is always far greater than the number of widowers.

So take care of your life and take notice and be observant, for the number of widows is always far greater than the number of widowers.



It would have been a helluva lot more fun if I had never hit those 61 homeruns... all it brought me was headaches.

It would have been a helluva lot more fun if I had never hit those 61 homeruns... all it brought me was headaches.



Nobody drowns by falling in the water...but by staying there.

Nobody drowns by falling in the water...but by staying there.




Quote Description


This page presents the quote "To the deficit commission, a depression is the solution to the problem, not a problem.". Author of this quote is Michael Hudson. This quote is about deficit, depression, solutions, problem,.