Democracy Now! interview on the book “Debt”

2 Aug 2011

External link

David Graeber on Democracy Now!

Amy Goodman interview with David Graeber and Paul Mason (who says that bad debt is cumulated stupidity)

 

David Graeber: 2008 marks a break in the world history. Like 1972, when the US went off the gold standard, it became clear that money is not a thing. It is an arrangement between people. The whole global financial system is created politically and it has to be periodically recreated.