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 systemic financial scam with Hudson, who shows how the economy actually works, with the Federal Reserve printing money so rich elites don't lose their investments. VIDEO: <a href= "https://www.youtube.com/watch?v=N-8m5fBbLgQ">youtube.com/watch?v=N-8m5fBbLgQ</a> TRANSCRIPT: <a href= "https://moderaterebels.com/transcript-us-coronavirus-bailout-michael-hudson/"> moderaterebels.com/transcript-us-coronavirus-bailout-michael-hudson</a> PART 1 OF 2 Part 2: "<a href= "https://moderaterebels.com/transcript-economics-american-imperialism-michael-hudson/">How the US makes countries pay for its wars: Economics of American imperialism with Michael Hudson</a>" Michael Hudson's website: <a href= "https://michael-hudson.com">michael-hudson.com</a> (Interview recorded on April 13, 2020)

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

Moderate Rebels was a political podcast and video show hosted by journalists Max Blumenthal and Benjamin Norton. It ended in January 2022.