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Michael Hudson Quotes: Actually, high housing prices don't help the economy. They raise the cost of living.
         

Actually, high housing prices don't help the economy. They raise the cost of living.


Michael Hudson
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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.



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.





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How little we know of what there is to know.

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Take mankind as they are, and what are they governed by? Their passions.

Take mankind as they are, and what are they governed by? Their passions.



The idea of America is so wonderful because the more equal something is, the more American it is

The idea of America is so wonderful because the more equal something is, the more American it is



Principles and rules are intended to provide a thinking man with a frame of reference.

Principles and rules are intended to provide a thinking man with a frame of reference.



I think that the way of bringing realism into fantasy is to treat it as the commonplace.

I think that the way of bringing realism into fantasy is to treat it as the commonplace.



The only way in which one human being can properly attempt to influence another is by encouraging him to think for himself, instead of endeavoring to instill ready-made opinions into his head.

The only way in which one human being can properly attempt to influence another is by encouraging him to think for himself, instead of endeavoring to instill ready-made opinions into his head.



My memory was never loaded with anything but blank cartridges.

My memory was never loaded with anything but blank cartridges.



I have strong feelings for you, I just haven't decided if their positive or negitive yet.A

I have strong feelings for you, I just haven't decided if their positive or negitive yet.A



Climbing is individual thing, it's a reflection of yourself. When you put up a route you're looking at yourself. If you chisel holds, it's your responsibility, nobody else's.

Climbing is individual thing, it's a reflection of yourself. When you put up a route you're looking at yourself. If you chisel holds, it's your responsibility, nobody else's.




Quote Description


This page presents the quote "Actually, high housing prices don't help the economy. They raise the cost of living.". Author of this quote is Michael Hudson. This quote is about housing, helping, economy, cost of living,.