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Michael Hudson Quotes: I don't think that governments should permit speculation in raw materials, because they're what the economy basically needs.
         

I don't think that governments should permit speculation in raw materials, because they're what the economy basically needs.


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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Man approaches the unattainable truth through a succession of errors.

Man approaches the unattainable truth through a succession of errors.



When we visited with legislative counsel, they told us that the only way to effectively accomplish what we were trying to do was to put the words in the legislation.

When we visited with legislative counsel, they told us that the only way to effectively accomplish what we were trying to do was to put the words in the legislation.



Poor is the new black.

Poor is the new black.



Maidens, like moths, are ever caught, by glare, And Mammon wins his way where seraphs might despair.

Maidens, like moths, are ever caught, by glare, And Mammon wins his way where seraphs might despair.



Unless you're one of the five billionaires out there who don't have to worry about anything, every aspect of everything is stressful, no matter what your job is.

Unless you're one of the five billionaires out there who don't have to worry about anything, every aspect of everything is stressful, no matter what your job is.



Fiction is harder for me than nonfiction - more gratifying, as a result, when it succeeds.

Fiction is harder for me than nonfiction - more gratifying, as a result, when it succeeds.



It takes us long to learn that prayer is more important than organization, more powerful than armies, more influential than wealth and mightier than all learning.

It takes us long to learn that prayer is more important than organization, more powerful than armies, more influential than wealth and mightier than all learning.



There is no free market for oil.

There is no free market for oil.



I have my teachers who tell me what to do. I'm not quite old enough yet to be truly independent.

I have my teachers who tell me what to do. I'm not quite old enough yet to be truly independent.



Fore God, you have here a goodly dwelling and a rich.

Fore God, you have here a goodly dwelling and a rich.




Quote Description


This page presents the quote "I don't think that governments should permit speculation in raw materials, because they're what the economy basically needs.". Author of this quote is Michael Hudson. This quote is about thinking, government, raw materials, speculation, needs, permit, economy,.