US coronavirus ‘bailout’ scam is $6 trillion giveaway to Wall St – Economist Michael Hudson explains

Moderate Rebels Facing the Covid-19 pandemic, the US Congress rammed through the CARES Act — which economist Michael Hudson explains is not a “bailout” but a massive, $6 trillion giveaway to Wall Street, banks, large corporations, and stockholders. Max Blumenthal and Ben Norton discuss the enormous financial scam with Hudson, who reveals how the economy actually works, with the Federal Reserve printing money so rich elites don’t lose their investments. TRANSCRIPT, show notes, and links: https://moderaterebels.com/transcript… PART 1 OF 2 Part 2: https://moderaterebels.com/transcript… Michael Hudson’s website: https://michael-hudson.com (Interview recorded on April 13, 2020) ||| Moderate Rebels ||| Please consider supporting us on PATREON: https://www.patreon.com/ModerateRebels Website: https://moderaterebels.com Twitter: https://twitter.com/moderate_rebels Facebook: https://facebook.com/moderaterebelsradio Soundcloud: https://soundcloud.com/moderaterebels Minds: https://minds.com/moderaterebels Steemit: https://steemit.com/@moderaterebels#ModerateRebels