Linda McQuaig Quotes.
High interest rates focus on the revenue of a parasitic class.Historically the financial system has been structured in favour of moneyed interests, that is, creditors.
The basic issue is whether the financial elite or the government on behalf of the people should have the profit from creating money.
High interest rates focus on the revenue of a parasitic class.
A tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment disproportionately punishes the poor.
Even before winning its majority, Harper’s Republican-styl e Conservative party – well to the right Canada’s traditional Progressive Conservative Party – managed to win minority governments with less than 40 per cent of the popular vote.