An Alternative To European Austerity: Modern Money Theory - S. Kelton and M. Hudson, #249 by Guns and Butter published on 2015-04-12T05:38:16Z 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. Aired: March 7, 2012 Stephanie Kelton and Michael Hudson Visit Guns and Butter at: http://www.gunsandbutter.org Genre gunsandbutter
