Money flows into the US, and inflates US... by David Korten

Author Money Activist Vision Development

Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing.

- David Korten

Other quotes by David Korten

We should be moving toward local currencies not global or European currencies.

- David Korten

Decision Will

The EU will face problems similar to the US: an increasing gap between the citizens and decision makers in Brussels and a perceived or even real lack of democracy.

- David Korten

Capitalism

Capitalism and the market are presented as synonymous, but they are not. Capitalism is both the enemy of the market and democracy.

- David Korten

Economy First

The first principle of the market economy is that it is comprised of many small buyers and sellers, which implies a substantial degree of equity. Another fundamental market principle is that costs are internalized in the producer's price.

- David Korten

Change Life

More and more surveys in the US are indicating a change in values taking place among consumers, who become more concerned about quality of life, food, health and the environment.

- David Korten

Power People

Capitalism is not about free competitive choices among people who are reasonably equal in their buying and selling of economic power, it is about concentrating capital, concentrating economic power in very few hands using that power to trash everyone who gets in their way.

- David Korten

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