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Dr. Michael Hudson on junk economics

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Uploaded by on Feb 15, 2010

Verified - Max Keiser does want me to send him his tie! Also verified, Max would prefer that youtubers not hit on Stacy.

I answer a comment about trusting sealed Pamp Suisse gold bars.


Michael Hudson's interview got me thinking about ideas I had not thought about before:.

"The New Junk Economics:
From Democracy to Neoliberal Oligarchy"
http://www.informationclearinghouse.info/article24654.htm

I am not saying I agree with him 100%, but this is all about debate and open dialog!

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News & Politics

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  • likes, 3 dislikes

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Uploader Comments (silverfuturist)

  • nice vid. This guy may talk fast but he talks sense.

  • @BatusaiJack Thanks for watching my vids!

  • I don't understand the value of gold; it has very little utility, and although relatively rare, there many other substances equally rare that don't command the same price. I mean, fiat money only has value because we give it value, but really so does gold, no? So, if they are really equal, then why not invest in stocks (cash) for the higher return. I guess it's all just psychology.

  • @SuperOxideDimutase Society needs money to function, so it must find something to use that has properties such as: rare, durable, hard to extract out of nature, easily divisible, easily identifiable, easily portable. If something else had those properties besides gold, it would also be money. The only things that come close are other precious metals, such as silver.

  • I thought that you already sent me that tie.

    I want to wear that tie on my show.

  • @maxkeiser Hi Max, that was a different yellow tie.

    I am glad you asked, yesterday I got a package, my tie went all the way to France and back, because the address was wrong! With my sloppy handwriting, the French probably could not figure out where to deliver it :(

Top Comments

  • This is how I like my commentators, running at 5000 R.P.M.s!!!

  • Can't wait to see Max in your tie (don't forget to sign it for him)

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All Comments (36)

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  • Well, Das Kapital is the most detailed analysis of Capitalist economics; perhaps the single most brilliant and comprehensive book on economics ever written (actually, 3 books). As Steve Keen puts it, most Marxists are irrelevant, but most of Marx isn't.

  • PROF. DR. MICHEAL HUDSON is a honest & sincere economist that speak the truth come what may. It's very inspirational, educational & motivational by just listening to him. Hopefully PROF. stay in best of health coz our world comunity are really in need of you to be around us during this world economy calamities. We'll convey your messages wide & abroad. We support you wholeheartedly. ADIOS AMIGOS KUDOS..............

  • cant you just weigh the bar to determine if it has the right weight to size ratio?

  • the corperate slave loose aka Tie, (grab, come here and do as your told) *choke*

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