Most people think of the economy as producing goods and...

Most people think of the economy as producing goods and services and paying labor to buy what it produces. But a growing part of the economy in every country has been the Finance, Insurance and Real Estate (FIRE) sector, which comprises the rent and interest paid to the economy's balance sheet of assets by debtors and rent payers.

Michael Hudson Quote About Country, Real, Thinking: Most People Think Of The...
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