US coronavirus ‘bailout’ scam is $6 trillion giveaway to Wall St

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.

PART 1 OF 2

(Interview recorded on April 13, 2020)

Part 2: “How the US makes countries pay for its wars: Economics of American imperialism with Michael Hudson

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Michael Hudson’s website: michael-hudson.com

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