In the second half, Max talks to Dr. Michael Hudson, author of The Bubble and Beyond, about debt and wage deflation and about the intersection of interest rates and wages going back to David Ricardo when wages were measured against the price of bread to today when they are measured against the price of debt. Source
Telling the truth has become a revolutionary act, so let us salute those who disclose the necessary facts.
18 May 2013
Lame Stream Whimsical Price Tyranny - Max Keiser with Dr. Michael Hudson
In the second half, Max talks to Dr. Michael Hudson, author of The Bubble and Beyond, about debt and wage deflation and about the intersection of interest rates and wages going back to David Ricardo when wages were measured against the price of bread to today when they are measured against the price of debt. Source
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