We’ve regularly covered the battles of whistleblower Rudolf Elmer against the Swiss “justice” system. As we’ve said before, and as has so often been the … Whistleblower Ruedi Elmer vs. the Swiss ‘Justice’ SystemRead more
Finance
Note ban dents RBI income
Costs incurred due to the demonetisation exercise dented the Reserve Bank of India’s (RBI) income resulting in the central bank transferring less than half the … Note ban dents RBI incomeRead more
Socialism for the rich (Drawbacks of our current money system)
Private money creation: from crisis to crisis There are many reasons to change the current money system. To begin with, the current system works less … Socialism for the rich (Drawbacks of our current money system)Read more
Cryptocurrencies Show Just How Nuts Things Have Gotten
The market capitalization of Ethereum, the second largest “cryptocurrency,” has soared 88% in a week, from $8.4 billion, when I pooh-poohed it on May 15, … Cryptocurrencies Show Just How Nuts Things Have GottenRead more
Sovereign Money: Responding to the Bundesbank
100%-reserve versus single-circuit sovereign money To begin with, we need to be clear about the subject of the Bundesbank text. It is about a reform … Sovereign Money: Responding to the BundesbankRead more
Why a Tax on Wall Street Trades is an Even Better Idea Than You Know
Robert Reich
$500 Trillion in Derivatives “Remain an Important Asset Class”
Economists at the New York Fed included this gem in their report on a two-day conference on “Derivatives and Regulatory Changes” since the Financial Crisis: … $500 Trillion in Derivatives “Remain an Important Asset Class”Read more