Richard Wolff: What is Public Debt? How is money printed? And how do Governments pay for Wars?

Richard Wolff - Public Debt

Richard Wolff: What is Public Debt? How is money printed? And how do Governments pay for Wars?


(Aufgrund limitierter finanzieller Mittel stehen manche Videos ggf. derzeit nur auf Englisch zur Verfügung. Spenden Sie auf unser Crowdfunding-Projekt, um uns mit der Übersetzung zu unterstützen.)


In this educational video Professor of Economics Emeritus (University of Massachusetts), Marxist economist and founder of Democracy at Work, Richard Wolff, defines public debt & explain the process of printing money. Prof. Wolff also talks about the role that corporate banks play in this system as well as how politicians exploit the mechanism of money printing in order to garner political capital or justify going to wars.


Don’t forget to donate to our current Crowdfunding campaign so that we can continue our education series with Richard Wolff throughout 2017: https://www.betterplace.org/en/projects/51400-actvism-munich-crowdfunding


VIDEO: What is Public Debt? How is money printed? And how do Governments pay for Wars?


To view the educational playlist with Richard D. Wolff, click here.


RICHARD D. WOLFF

Richard D. Wolff
Richard D. Wolff

Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst. He is currently a Visiting Professor in the Graduate Program in International Affairs of the New School University in New York. Wolff has also taught economics at Yale University, City University of New York, and the University of Paris I (Sorbonne). He is a co-founder and contributor of Democracy at Work, a non-profit organization that promotes democratic workplaces as a key part of a transition to a better economic system. Wolff has published many books and articles, both scholarly and popular. Most recently, in 2012, he published the books Democracy at Work: A Cure for Capitalism (Haymarket Books) and Contending Economic Theories: Neoclassical, Keynesian, and Marxian, with Stephen Resnick (Cambridge, MA, and London: MIT University Press). He writes regularly for Truthout.org. He has been interviewed on The Charlie Rose Show, Up with Chris Hayes, Real Time with Bill Maher, Democracy Now!, Al-Jazeera English, Thom Hartmann, NPR, Alternative Radio, and many other radio and TV programs in the United States and abroad. The New York Times Magazine has named him “America’s most prominent Marxist economist.


We require your support to continue our work in 2017 & 2018!

In case you think independent media and journalism are important in today’s day and age, then click here to access our crowdfunding platform. Here are some opinions from our crowdfunding supporters:


Crowdfunding Supporters
RSS
Facebook
Twitter
Google+
http://www.actvism.org/politics/richard-wolff-public-debt-money/
Email
SHARE
  1. I’m very disappointed that Activism.org is spreading this economic bullshit. So many factual errors in this video, starting with the statement that the governments with the Euro currency have any control over how it is created and spent. Heard of Greece? Here is a more honest and accurate description of the real economy, J.D.ALt’s ¨Millemials Money¨:
    https://www.youtube.com/watch?v=bHQCjFebIf8

Schreibe einen Kommentar

Deine E-Mail-Adresse wird nicht veröffentlicht. Erforderliche Felder sind mit * markiert.