---
title: "2 Buyers Quotes By Michael Hudson"
description: "2 Buyers quotes by Michael Hudson. Plus more from Michael Hudson and more Buyers sayings from other authors."
image: "https://sms4smile.com/quotes/i/5c6/michael-hudson-2134_better-off_everybody-would-be-better-off-if-they-co_1212433.jpg"
---

> [Everybody would be better off if they could buy housing for only, let's say, a carrying charge of one-quarter of their income. That used to be the case 50 years ago. Buyers had to save up and make a higher…](https://sms4smile.com/quotes/michael-hudson/everybody-would-be-better-off-if-they-could-buy-housing-for-only-let/)

[Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/)

[Image](https://sms4smile.com/quotes/i/5c6/michael-hudson-2134_better-off_everybody-would-be-better-off-if-they-co_1212433.jpg)

> [The myth is that if housing prices go up, Americans will be richer. What banks - and behind them, the Federal Reserve - really want is for new buyers to be able to borrow enough money to buy the houses…](https://sms4smile.com/quotes/michael-hudson/the-myth-is-that-if-housing-prices-go-up-americans-will-be-richer/)

[Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/)

[Image](https://sms4smile.com/quotes/i/8b1/michael-hudson-2134_able_the-myth-is-that-if-housing-prices-go-up_2564980.png)

## Other authors on Buyers

- [Warren Buffett 9 quotes](https://sms4smile.com/quotes/about/buyers/warren-buffett/)

## More by Michael Hudson

> [Europe is creating the flight of refugees that's tearing it apart politically, and leading rightwing nationalist parties to gain power to withdraw from the…](https://sms4smile.com/quotes/michael-hudson/europe-is-creating-the-flight-of-refugees-that-s-tearing-it-apart/)

[Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/)

> [This is not really currency that circulates. It's like the old joke about expensive vintage wine. Wine prices will go up and once in…](https://sms4smile.com/quotes/michael-hudson/this-is-not-really-currency-that-circulates-it-s-like-the-old-joke/)

[Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/)

> [Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.](https://sms4smile.com/quotes/michael-hudson/nobody-prefers-to-earn-income-any-more-because-that-s-taxable-rich/)

[Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/)

> [Nothing could be better for the economy than to get rid of fracking.](https://sms4smile.com/quotes/michael-hudson/nothing-could-be-better-for-the-economy-than-to-get-rid-of-fracking/)

[Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/)

> [If you end internet neutrality and permit mergers of the big information technology corporations, that's a form of rent seeking. It's part of today's…](https://sms4smile.com/quotes/michael-hudson/if-you-end-internet-neutrality-and-permit-mergers-of-the-big/)

[Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/)

> [Deflation means a slowdown of income growth. Markets shrink, new capital investment and employment also taper off, so wages decline. That is what's happening…](https://sms4smile.com/quotes/michael-hudson/deflation-means-a-slowdown-of-income-growth-markets-shrink-new/)

[Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/)

> [What's bad for the frackers usually is good for the rest of the world.](https://sms4smile.com/quotes/michael-hudson/what-s-bad-for-the-frackers-usually-is-good-for-the-rest-of-the-world/)

[Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/)

> [You could say that the vote to withdraw from Europe is, it's really a vote of the British middle class, the working class, to…](https://sms4smile.com/quotes/michael-hudson/you-could-say-that-the-vote-to-withdraw-from-europe-is-it-s-really-a/)

[Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/)

> [Actually, high housing prices don't help the economy. They raise the cost of living.](https://sms4smile.com/quotes/michael-hudson/actually-high-housing-prices-don-t-help-the-economy-they-raise-the/)

[Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/)

> [When economists speak of money, they neglect that all money and credit is debt. That is the essence of bookkeeping and accounting. There are…](https://sms4smile.com/quotes/michael-hudson/when-economists-speak-of-money-they-neglect-that-all-money-and-credit/)

[Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/)

> [The United States and Europe are in a state of debt deflation, where people and businesses have to pay banks instead of spending their…](https://sms4smile.com/quotes/michael-hudson/the-united-states-and-europe-are-in-a-state-of-debt-deflation-where/)

[Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/)

> [On the flat tax, the more you compress the tax rates, the more you untax where the income is really made, at the top…](https://sms4smile.com/quotes/michael-hudson/on-the-flat-tax-the-more-you-compress-the-tax-rates-the-more-you/)

[Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/)

> [Income is sucked upward to the creditors, who then foreclose on the assets of debtors. This shrinks tax revenue, forcing public budgets into deficit.…](https://sms4smile.com/quotes/michael-hudson/income-is-sucked-upward-to-the-creditors-who-then-foreclose-on-the/)

[Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/)

> [Debtor countries may postpone the inevitable by borrowing from the IMF or U.S. Treasury to buy out bondholders. This saves the latter from taking…](https://sms4smile.com/quotes/michael-hudson/debtor-countries-may-postpone-the-inevitable-by-borrowing-from-the/)

[Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/)

> [No price is too high to pay to try to make the financial system go on a little bit longer. But ultimately it can't…](https://sms4smile.com/quotes/michael-hudson/no-price-is-too-high-to-pay-to-try-to-make-the-financial-system-go-on/)

[Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/)

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