Uploaded August 2016 | Updated September 2026, 1 week ago
Professor L. Randall Wray discussing the financialization of the economy. The point of finance is supposed to be to make it easier for producers (as in, people who make real stuff) to do their jobs, but at the moment finance is itself THE main industry in the economy.
See the whole video here: youtube.com/watch?v=SFf95BVx9Qw&index=7&list=PLYvSXI9SKGf2lIno6TI0r_PbLX_cpAwuu
Like Deficit Owls on Facebook: facebook.com/DeficitOwls
Professor L. Randall Wray discussing the financialization of the economy. The point of finance is supposed to be to make it easier for producers (as in, people who make real stuff) to do their jobs, but at the moment finance is itself THE main industry in the economy.
See the whole video here: youtube.com/watch?v=SFf95BVx9Qw&index=7&list=PLYvSXI9SKGf2lIno6TI0r_PbLX_cpAwuu
Like Deficit Owls on Facebook: facebook.com/DeficitOwls










