[P2P-F] Fwd: [gang8] Re: BBC World's Hardtalk today - Steve Keen: Government should print money to pay off our debts

Dante-Gabryell Monson dante.monson at gmail.com
Fri Nov 25 00:46:27 CET 2011


http://www.youtube.com/watch?feature=player_detailpage&v=SkesgECRXtM#t=97s


On 24.11.2011 17:30, Arno Mong Daastoel wrote:

Michael,

Steve Keen gave a great interview on BBC World's *Hardtalk* this morning.

He referred to you (my colleague Michael Hudson) and to Minsky.

I recorded the whole interview and could put it on e.g. Youtube, if desired.

Arno


http://news.bbc.co.uk/2/hi/programmes/hardtalk/9641873.stm

Should government pay off our
debts?<http://news.bbc.co.uk/2/hi/programmes/hardtalk/9641873.stm>

*Economist Steve Keen says we are already in another Great Depression. He
advocates bankrupting the banks, nationalising the financial system and
paying off people's debt*

Economist Steve Keen is one of the few economists to have predicted the
global financial crisis and now he says we are already in a Great
Depression. He says the way to escape it is to bankrupt the banks,
nationalise the financial system and pay off people's debt.

He admits what he is advocating is radical but says it is time governments
gave money to debtors to pay down debt instead of to creditors such as
banks who have held onto it.

Find out who is coming up on the programme by following us on
Twitter.<http://twitter.com/bbchardtalk>
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