Skip to content

Assets Quote by Michael Hudson

“Most people think of the economy as producing goods and services and paying labor to buy what it produces. But a growing part of the economy in every country has been the Finance, Insurance and Real Estate (FIRE) sector, which comprises the rent and interest paid to the economy's balance sheet of…” quote by Michael Hudson
Download Open image
“Most people think of the economy as producing goods and services and paying labor to buy what it produces. But a growing part of the economy in every country has been the Finance, Insurance and Real Estate (FIRE) sector, which comprises the rent and interest paid to the economy's balance sheet of assets by debtors and rent payers.”

Michael Hudson

3.1 out of 5 (4 ratings)

More by Michael Hudson

Explore all 184 Michael Hudson quotes

More Assets quotes

Browse all 942 Assets quotes