--- title: "12 Financial Quotes By Michael Hudson" description: "12 Financial quotes by Michael Hudson. Plus more from Michael Hudson and more Financial sayings from other authors." image: "https://sms4smile.com/quotes/i/f3b/michael-hudson-2134_business_the-ideological-foundation-of-today-s-bu_1500030.png" --- > [The ideological foundation of today's business schools is that economic control should be shifted out of government hands into those of financial…](https://sms4smile.com/quotes/michael-hudson/the-ideological-foundation-of-today-s-business-schools-is-that/) [Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/) [Image](https://sms4smile.com/quotes/i/f3b/michael-hudson-2134_business_the-ideological-foundation-of-today-s-bu_1500030.png) > [The problem is indeed that one party's debt finds its counterpart in some other party's savings. Not paying debts therefore involves annulling…](https://sms4smile.com/quotes/michael-hudson/the-problem-is-indeed-that-one-party-s-debt-finds-its-counterpart-in/) [Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/) [Image](https://sms4smile.com/quotes/i/bf2/michael-hudson-2134_debts_the-problem-is-indeed-that-one-party-s-d_2242566.png) > [That's the problem with the financial sector. Banks and the financial sector live in the short run, not the long run. In…](https://sms4smile.com/quotes/michael-hudson/that-s-the-problem-with-the-financial-sector-banks-and-the-financial/) [Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/) [Image](https://sms4smile.com/quotes/i/84a/michael-hudson-2134_banks_that-s-the-problem-with-the-financial-se_3041348.png) > [Elites play the role today that landlords played under feudalism. They levy interest and financial fees that are like a tax, to…](https://sms4smile.com/quotes/michael-hudson/elites-play-the-role-today-that-landlords-played-under-feudalism-they/) [Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/) [Image](https://sms4smile.com/quotes/i/ff3/michael-hudson-2134_economist_elites-play-the-role-today-that-landlord_2917658.png) > [No price is too high to pay to try to make the financial system go on a little bit longer. But ultimately…](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/) [Image](https://sms4smile.com/quotes/i/093/michael-hudson-2134_bits_no-price-is-too-high-to-pay-to-try-to-ma_163191.png) > [The financial time frame always has been short-term. Projects with long-term paybacks are cut back, because CEOs and financial managers simply want…](https://sms4smile.com/quotes/michael-hudson/the-financial-time-frame-always-has-been-short-term-projects-with/) [Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/) [Image](https://sms4smile.com/quotes/i/877/michael-hudson-2134_ceo_the-financial-time-frame-always-has-been_3133464.png) > [When you buy enough stocks to give you control of a target company, that's called mergers and acquisitions or corporate raiding. Hedge…](https://sms4smile.com/quotes/michael-hudson/when-you-buy-enough-stocks-to-give-you-control-of-a-target-company/) [Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/) [Image](https://sms4smile.com/quotes/i/13f/michael-hudson-2134_borrowed-money_when-you-buy-enough-stocks-to-give-you-c_372493.jpg) > [A stand in is a politician who can deliver her constituency to her Wall Street backers. That's what a politician does in…](https://sms4smile.com/quotes/michael-hudson/a-stand-in-is-a-politician-who-can-deliver-her-constituency-to-her/) [Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/) [Image](https://sms4smile.com/quotes/i/110/michael-hudson-2134_art_a-stand-in-is-a-politician-who-can-deliv_946167.jpg) > [The underlying strategy of the Fed is to tell people, "Do you want your money to lose value in the bank, or…](https://sms4smile.com/quotes/michael-hudson/the-underlying-strategy-of-the-fed-is-to-tell-people-do-you-want-your/) [Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/) [Image](https://sms4smile.com/quotes/i/c62/michael-hudson-2134_collapse_the-underlying-strategy-of-the-fed-is-to_2895292.png) > [The other dynamic keeping the stock market up - both for technology stocks and others - is that companies are using a…](https://sms4smile.com/quotes/michael-hudson/the-other-dynamic-keeping-the-stock-market-up-both-for-technology/) [Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/) [Image](https://sms4smile.com/quotes/i/437/michael-hudson-2134_behinds_the-other-dynamic-keeping-the-stock-mark_858485.jpg) > [So the Bush-Obama administration has taken a fiscal stance diametrically opposed to that of the patron saint of free enterprise. While escalating…](https://sms4smile.com/quotes/michael-hudson/so-the-bush-obama-administration-has-taken-a-fiscal-stance/) [Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/) [Image](https://sms4smile.com/quotes/i/a2a/michael-hudson-2134_administration_so-the-bush-obama-administration-has-tak_1084344.png) > [The most serious problems lie in the financial sphere, where the economy's debt overhead has grown more rapidly than the 'real' economy's…](https://sms4smile.com/quotes/michael-hudson/the-most-serious-problems-lie-in-the-financial-sphere-where-the/) [Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/) [Image](https://sms4smile.com/quotes/i/843/michael-hudson-2134_ability_the-most-serious-problems-lie-in-the-fin_1562200.jpg) ## Other authors on Financial ## 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/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/financial/michael-hudson/#itemlist", "name": "12 Financial Quotes By Michael Hudson", "numberOfItems": 12, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "The ideological foundation of today's business schools is that economic control should be shifted out of government hands into those of financial managers - that is, Wall Street.", "creator": { "@type": "Person", "name": "Michael Hudson" }, "url": "https://sms4smile.com/quotes/michael-hudson/the-ideological-foundation-of-today-s-business-schools-is-that/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/f3b/michael-hudson-2134_business_the-ideological-foundation-of-today-s-bu_1500030.png", "contentUrl": "https://sms4smile.com/quotes/i/f3b/michael-hudson-2134_business_the-ideological-foundation-of-today-s-bu_1500030.png", "url": "https://sms4smile.com/quotes/i/f3b/michael-hudson-2134_business_the-ideological-foundation-of-today-s-bu_1500030.png", "width": 1080, "height": 1080, "caption": "“The ideological foundation of today's business schools is that economic control should be shifted out of…” — Michael Hudson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 2, "item": { "@type": "Quotation", "text": "The problem is indeed that one party's debt finds its counterpart in some other party's savings. 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But once it's taken over by the financial sector, the government lives in the short run too.", "creator": { "@type": "Person", "name": "Michael Hudson" }, "url": "https://sms4smile.com/quotes/michael-hudson/that-s-the-problem-with-the-financial-sector-banks-and-the-financial/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/84a/michael-hudson-2134_banks_that-s-the-problem-with-the-financial-se_3041348.png", "contentUrl": "https://sms4smile.com/quotes/i/84a/michael-hudson-2134_banks_that-s-the-problem-with-the-financial-se_3041348.png", "url": "https://sms4smile.com/quotes/i/84a/michael-hudson-2134_banks_that-s-the-problem-with-the-financial-se_3041348.png", "width": 1080, "height": 1080, "caption": "“That's the problem with the financial sector. 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They levy interest and financial fees that are like a tax, to support what the classical economists called \"unproductive activity.\"", "creator": { "@type": "Person", "name": "Michael Hudson" }, "url": "https://sms4smile.com/quotes/michael-hudson/elites-play-the-role-today-that-landlords-played-under-feudalism-they/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/ff3/michael-hudson-2134_economist_elites-play-the-role-today-that-landlord_2917658.png", "contentUrl": "https://sms4smile.com/quotes/i/ff3/michael-hudson-2134_economist_elites-play-the-role-today-that-landlord_2917658.png", "url": "https://sms4smile.com/quotes/i/ff3/michael-hudson-2134_economist_elites-play-the-role-today-that-landlord_2917658.png", "width": 1080, "height": 1080, "caption": "“Elites play the role today that landlords played under feudalism. 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But ultimately it can't be saved, because of the mathematics that are involved.", "creator": { "@type": "Person", "name": "Michael Hudson" }, "url": "https://sms4smile.com/quotes/michael-hudson/no-price-is-too-high-to-pay-to-try-to-make-the-financial-system-go-on/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/093/michael-hudson-2134_bits_no-price-is-too-high-to-pay-to-try-to-ma_163191.png", "contentUrl": "https://sms4smile.com/quotes/i/093/michael-hudson-2134_bits_no-price-is-too-high-to-pay-to-try-to-ma_163191.png", "url": "https://sms4smile.com/quotes/i/093/michael-hudson-2134_bits_no-price-is-too-high-to-pay-to-try-to-ma_163191.png", "width": 1080, "height": 1080, "caption": "“No price is too high to pay to try to make the financial system go on a little bit longer. But ultimately it…” — Michael Hudson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 6, "item": { "@type": "Quotation", "text": "The financial time frame always has been short-term. Projects with long-term paybacks are cut back, because CEOs and financial managers simply want to take their money and run. That is the financial mentality.", "creator": { "@type": "Person", "name": "Michael Hudson" }, "url": "https://sms4smile.com/quotes/michael-hudson/the-financial-time-frame-always-has-been-short-term-projects-with/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/877/michael-hudson-2134_ceo_the-financial-time-frame-always-has-been_3133464.png", "contentUrl": "https://sms4smile.com/quotes/i/877/michael-hudson-2134_ceo_the-financial-time-frame-always-has-been_3133464.png", "url": "https://sms4smile.com/quotes/i/877/michael-hudson-2134_ceo_the-financial-time-frame-always-has-been_3133464.png", "width": 1080, "height": 1080, "caption": "“The financial time frame always has been short-term. Projects with long-term paybacks are cut back, because…” — Michael Hudson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 7, "item": { "@type": "Quotation", "text": "When you buy enough stocks to give you control of a target company, that's called mergers and acquisitions or corporate raiding. Hedge funds have been doing this, as well as corporate financial managers. With borrowed money you can take over or raid a foreign company too. So, you're having a monopolistic consolidation process that's pushed up the market, because in order to buy a company or arrange a merger, you have to offer more than the going stock-market price. You have to convince existing holders of a stock to sell out to you by paying them more than they'd otherwise get.", "creator": { "@type": "Person", "name": "Michael Hudson" }, "url": "https://sms4smile.com/quotes/michael-hudson/when-you-buy-enough-stocks-to-give-you-control-of-a-target-company/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/13f/michael-hudson-2134_borrowed-money_when-you-buy-enough-stocks-to-give-you-c_372493.jpg", "contentUrl": "https://sms4smile.com/quotes/i/13f/michael-hudson-2134_borrowed-money_when-you-buy-enough-stocks-to-give-you-c_372493.jpg", "url": "https://sms4smile.com/quotes/i/13f/michael-hudson-2134_borrowed-money_when-you-buy-enough-stocks-to-give-you-c_372493.jpg", "width": 1080, "height": 1080, "caption": "“When you buy enough stocks to give you control of a target company, that's called mergers and acquisitions…” — Michael Hudson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 8, "item": { "@type": "Quotation", "text": "A stand in is a politician who can deliver her constituency to her Wall Street backers. That's what a politician does in America. You get a constituency; you make them believe your promises, and then you turn them over to your financial campaign backers. That's what politics has become and that's as much an art of deception as economics is.", "creator": { "@type": "Person", "name": "Michael Hudson" }, "url": "https://sms4smile.com/quotes/michael-hudson/a-stand-in-is-a-politician-who-can-deliver-her-constituency-to-her/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/110/michael-hudson-2134_art_a-stand-in-is-a-politician-who-can-deliv_946167.jpg", "contentUrl": "https://sms4smile.com/quotes/i/110/michael-hudson-2134_art_a-stand-in-is-a-politician-who-can-deliv_946167.jpg", "url": "https://sms4smile.com/quotes/i/110/michael-hudson-2134_art_a-stand-in-is-a-politician-who-can-deliv_946167.jpg", "width": 1080, "height": 1080, "caption": "“A stand in is a politician who can deliver her constituency to her Wall Street backers. That's what a…” — Michael Hudson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 9, "item": { "@type": "Quotation", "text": "The underlying strategy of the Fed is to tell people, \"Do you want your money to lose value in the bank, or do you want to put it in the stock market?\" They're trying to push money into the stock market, into hedge funds, to temporarily bid up prices. Then, all of a sudden, the Fed can raise interest rates, let the stock market prices collapse and the people will lose even more in the stock market than they would have by the negative interest rates in the bank. So it's a pro-Wall Street financial engineering gimmick.", "creator": { "@type": "Person", "name": "Michael Hudson" }, "url": "https://sms4smile.com/quotes/michael-hudson/the-underlying-strategy-of-the-fed-is-to-tell-people-do-you-want-your/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/c62/michael-hudson-2134_collapse_the-underlying-strategy-of-the-fed-is-to_2895292.png", "contentUrl": "https://sms4smile.com/quotes/i/c62/michael-hudson-2134_collapse_the-underlying-strategy-of-the-fed-is-to_2895292.png", "url": "https://sms4smile.com/quotes/i/c62/michael-hudson-2134_collapse_the-underlying-strategy-of-the-fed-is-to_2895292.png", "width": 1080, "height": 1080, "caption": "“The underlying strategy of the Fed is to tell people, \"Do you want your money to lose value in the bank, or…” — Michael Hudson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 10, "item": { "@type": "Quotation", "text": "The other dynamic keeping the stock market up - both for technology stocks and others - is that companies are using a lot of their income for stock buybacks and to pay out higher dividends, not make new investment,. So to the extent that companies use financial engineering rather than industrial engineering to increase the price of their stock you're going to have a bubble. But it's not considered a bubble, because the government is behind it, and it hasn't burst yet.", "creator": { "@type": "Person", "name": "Michael Hudson" }, "url": "https://sms4smile.com/quotes/michael-hudson/the-other-dynamic-keeping-the-stock-market-up-both-for-technology/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/437/michael-hudson-2134_behinds_the-other-dynamic-keeping-the-stock-mark_858485.jpg", "contentUrl": "https://sms4smile.com/quotes/i/437/michael-hudson-2134_behinds_the-other-dynamic-keeping-the-stock-mark_858485.jpg", "url": "https://sms4smile.com/quotes/i/437/michael-hudson-2134_behinds_the-other-dynamic-keeping-the-stock-mark_858485.jpg", "width": 1080, "height": 1080, "caption": "“The other dynamic keeping the stock market up - both for technology stocks and others - is that companies…” — Michael Hudson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 11, "item": { "@type": "Quotation", "text": "So the Bush-Obama administration has taken a fiscal stance diametrically opposed to that of the patron saint of free enterprise. While escalating war in Afghanistan and maintaining over 850 military bases around the world, the administration has run up the national debt that Smith decried. By shifting the tax burden off property and off rent-seeking monopolies - above all, off the financial sector - this policy has raised America's cost of living and doing business, thereby undercutting its competitive power and running up larger and larger foreign debt.", "creator": { "@type": "Person", "name": "Michael Hudson" }, "url": "https://sms4smile.com/quotes/michael-hudson/so-the-bush-obama-administration-has-taken-a-fiscal-stance/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/a2a/michael-hudson-2134_administration_so-the-bush-obama-administration-has-tak_1084344.png", "contentUrl": "https://sms4smile.com/quotes/i/a2a/michael-hudson-2134_administration_so-the-bush-obama-administration-has-tak_1084344.png", "url": "https://sms4smile.com/quotes/i/a2a/michael-hudson-2134_administration_so-the-bush-obama-administration-has-tak_1084344.png", "width": 1080, "height": 1080, "caption": "“So the Bush-Obama administration has taken a fiscal stance diametrically opposed to that of the patron saint…” — Michael Hudson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } }, { "@type": "ListItem", "position": 12, "item": { "@type": "Quotation", "text": "The most serious problems lie in the financial sphere, where the economy's debt overhead has grown more rapidly than the 'real' economy's ability to carry this debt. [...] The essence of the global financial bubble is that savings are diverted to inflate the stock market, bond market and real estate prices rather than to build new factories and employ more labor.", "creator": { "@type": "Person", "name": "Michael Hudson" }, "url": "https://sms4smile.com/quotes/michael-hudson/the-most-serious-problems-lie-in-the-financial-sphere-where-the/", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/843/michael-hudson-2134_ability_the-most-serious-problems-lie-in-the-fin_1562200.jpg", "contentUrl": "https://sms4smile.com/quotes/i/843/michael-hudson-2134_ability_the-most-serious-problems-lie-in-the-fin_1562200.jpg", "url": "https://sms4smile.com/quotes/i/843/michael-hudson-2134_ability_the-most-serious-problems-lie-in-the-fin_1562200.jpg", "width": 1080, "height": 1080, "caption": "“The most serious problems lie in the financial sphere, where the economy's debt overhead has grown more…” — Michael Hudson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } } } ] }, { "@type": "CollectionPage", "@id": "https://sms4smile.com/quotes/about/financial/michael-hudson/#webpage", "url": "https://sms4smile.com/quotes/about/financial/michael-hudson/", "name": "Financial Quotes by Michael Hudson", "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "mainEntity": { "@id": "https://sms4smile.com/quotes/about/financial/michael-hudson/#itemlist" }, "primaryImageOfPage": { "@id": "https://sms4smile.com/quotes/i/f3b/michael-hudson-2134_business_the-ideological-foundation-of-today-s-bu_1500030.png" }, "description": "12 Financial quotes by Michael Hudson. 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