Linda McQuaigThe basic issue is whether the financial elite or the government on behalf of the people should have the profit from creating money.374HumanityPolitics
Linda McQuaigThe absurdity of public-choice theory is captured by Nobel Prize-winning economist Amartya Sen in the following little scenario: Can you direct me to the railway station? asks the… ▶329Politics
Linda McQuaigFor society to function some kind of reasonable balance has to be stuck between the competing interests of creditors and debtors. Although the mandate of the Bank of Canada was to… ▶266Humanity
Linda McQuaigThe free market is notorious for distributing resources in a highly unequal manner, with great concentrations of wealth at the top and poverty at the bottom. Our social programs, … ▶234Hope
Linda McQuaigA tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment disproportionately punishes the … ▶2710Death
Linda McQuaigHigh 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.193Love
Linda McQuaigEven before winning its majority, Harper's Republican-styl e Conservative party - well to the right Canada's traditional Progressive Conservative Party - managed to win minority g… ▶164Politics
Linda McQuaigThe statement, The debt problem has become so extreme that we have no choice but to cut social spending is presented as an objective assessment of our situation. But can you imagi… ▶209PoliticsTime
