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The Financial Sector - Servant Or Master? (w/ Steve Keen) | Expert View | Real Vision™

1,658 views · Published 9 February 2018 · 2:06 · Indexed 4 November 2026

Channel: Real Vision Presents · 2018 · News & Politics

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Steve Keen is a ‘renegade economist’ who has been debunking classical economic theory for decades. Steve argues that ever-rising levels of private debt are unsustainable in the face of rising interest rates, but that the US Federal Reserve will continue to raise them anyway until the credit cycle implodes – at which point the Fed will turn about and inevitably return to stimulative policies. The economist maintains that until the level of private debt is addressed, the Fed will remain intellectually locked in a neverending cycle of massive asset bubbles and extraordinary busts. 

In this clip, Steve Keen discusses capitalism and the question of whether the financial sector is our servant or master.

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The Financial Sector  - Servant Or Master? (w/ Steve Keen) | Expert View | Real Vision™
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