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Michael Hudson Quotes: I think we're in the take-the-money-and-run stage of the economy. So the banks may go under, but the bankers, who make the policy, clean up.
         

I think we're in the take-the-money-and-run stage of the economy. So the banks may go under, but the bankers, who make the policy, clean up.


Michael Hudson
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"Michael Hudson Quotes." Quoteslyfe.com, 2024. Wed. 18 Dec. 2024. <https://www.quoteslyfe.com/quote/I-think-we-re-in-the-take-886526>.





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We go forward with our heads held high, but look back and remember where we come from.

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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.

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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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Quote Description


This page presents the quote "I think we're in the take-the-money-and-run stage of the economy. So the banks may go under, but the bankers, who make the policy, clean up.". Author of this quote is Michael Hudson. This quote is about bankers, may, stage, clean, money, thinking, running, economy, policy,.