Skip to content

Evil genius Quote by Michael Hudson

Download Open image
““The idea that the euro has “failed” is dangerously naive. The euro is doing exactly what its progenitor – and the wealthy 1%-ers who adopted it – predicted and planned for it to do. … Removing a government's control over currency would prevent nasty little elected officials from using Keynesian monetary and fiscal juice to pull a nation out of recession. “It puts monetary policy out of the reach of politicians,” [Robert] Mundell explained]. “Without fiscal policy, the only way nations can keep jobs is by the competitive reduction of rules on business.” … Hence, currency union is class war by other means. — Greg Palast, “Robert Mundell, evil genius of the euro.” Unlike””

Michael Hudson

3.7 out of 5 (7 ratings)

More by Michael Hudson

Explore all 184 Michael Hudson quotes

More Evil genius quotes

Browse all 30 Evil genius quotes