Sunday, January 16, 2011

Steve Keen on Monetary Reform and Economic Stability

Pete Young of EconomicStability grabbed this interview with Australian Economist Steve Keen, of the blog Debtwatch, in Chicago, October 2, 2010, where Keen was speaking at the American Monetary Reform Conference. Keen claims "the monetary reform, on its own, is not enough to stop financial speculation on asset prices" which he sees as the primary cause of the financial crisis, then goes on to describe the reforms that he thinks would prevent speculation and direct capital into "the real economy".

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