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Can Conventional Economics Bridge the $2 Trillion Financing Gap?

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Can Conventional Economics Bridge the $2 Trillion Financing Gap?

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Questions and Answers

Who currently owns and controls 90% of directly owned U.S. corporate stock?

Government and quasi-government agencies

Money managers, pension funds or foundation bureaucrats

The same top 10% of U.S. families (correct)

Many people whose incomes depend on jobs and welfare

How will the U.S. economy finance the $2 trillion required each year to meet the nondefense capital requirements?

By relying on foreign oil dollars

By using exclusive dependency on the poor

By acquiring expanded bank credit secured by future income (correct)

By depending on the past savings accumulated by the rich

Who might own the new capital brought into existence to meet the needs for energy self-sufficiency, new communities, and new housing?

Money managers, pension funds or foundation bureaucrats

The same top 10% of U.S. families

Many people whose incomes depend on jobs and welfare (correct)

Government and quasi-government agencies

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 Signup and view all the answers

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 Signup and view all the answers

What is the main reason why the Federal Reserve System is mentioned in the text?

To become the lender of last resort Signup and view all the answers

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 Signup and view all the answers

Can Conventional Economics Bridge the $2 Trillion Financing Gap?

Choose a study mode

Podcast

Questions and Answers

Who currently owns and controls 90% of directly owned U.S. corporate stock?

How will the U.S. economy finance the $2 trillion required each year to meet the nondefense capital requirements?

Who might own the new capital brought into existence to meet the needs for energy self-sufficiency, new communities, and new housing?

Why is it easier for wealthy individuals to increase their capital compared to the average American?

What is one of the structural root causes mentioned in the text that contribute to the growing maldistribution of capital ownership?

What is the main reason why the Federal Reserve System is mentioned in the text?

Why do most people, especially the poor, have little or no hope to share profits from their own assets?

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