The Importance of Neighborhood Banks

 Ellen Brown  Interviews Economist Michael Hudson on Its Our Money, Show #124,  March 12, 2020 Michael Hudson: [00:00:00] There’s recognition that commercial banking has become dysfunctional and that most loans by commercial banks are either against assets – in which case the lending inflates the prices of real estate, stocks and bonds – or for corporate takeover loans. The economy’s[…]

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