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Linda McQuaig Quotes: A tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment disproportionately punishes the poor.
         

A tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment disproportionately punishes the poor.


Linda McQuaig
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Other quotes of Linda McQuaig


High interest rates focus on the revenue of a parasitic class.

High interest rates focus on the revenue of a parasitic class.



The basic issue is whether the financial elite or the government on behalf of the people should have the profit from creating money.

The basic issue is whether the financial elite or the government on behalf of the people should have the profit from creating money.



High interest rates focus on the revenue of a parasitic class.Historically the financial system has been structured in favour of moneyed interests, that is, creditors.

High interest rates focus on the revenue of a parasitic class.Historically the financial system has been structured in favour of moneyed interests, that is, creditors.





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Quote Description


This page presents the quote "A tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment disproportionately punishes the poor.". Author of this quote is Linda McQuaig. This quote is about poor, way, rich, two ways, two, inequality, unemployment, money, interest,.