7 Questions
Who currently owns and controls 90% of directly owned U.S. corporate stock?
The same top 10% of U.S. families
How will the U.S. economy finance the $2 trillion required each year to meet the nondefense capital requirements?
By acquiring expanded bank credit secured by future income
Who might own the new capital brought into existence to meet the needs for energy self-sufficiency, new communities, and new housing?
Many people whose incomes depend on jobs and welfare
Why is it easier for wealthy individuals to increase their capital compared to the average American?
Wealthy individuals can attract capital credit by pledging their previous accumulations as collateral
What is one of the structural root causes mentioned in the text that contribute to the growing maldistribution of capital ownership?
The poor have no assets to pledge as collateral
What is the main reason why the Federal Reserve System is mentioned in the text?
To become the lender of last resort
Why do most people, especially the poor, have little or no hope to share profits from their own assets?
Most people have no assets to pledge as collateral
Unconventional Economic Challenges: Can Conventional Economics Solve the $2 Trillion Financing Gap?
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