We’ve just passed through tax time again. (Unless, like me, you live in one of several states ravaged by recent extreme weather events brought on … A Deal With the DevilRead more
Capitalism
Posted inUncategorized
US Pharma’s Financialized Business Model During the Pandemic
On August 16, 2022, Congress passed the Inflation Reduction Act, which, among other things, enables Medicare to negotiate the prices of certain high-cost prescription drugs, … US Pharma’s Financialized Business Model During the PandemicRead more
Posted inUncategorized
Silicon Valley and the new capitalism
https://mf.b37mrtl.ru/files/2018.11/5bde9488dda4c8ac298b45f9.mp4 Richard Walker On Contact
Posted inUncategorized
The Money Multiplier…and Other Myths about Banking
What people think banks do: The money multiplier and other myths The previous section looks at how banks actually operate in the real world. The … The Money Multiplier…and Other Myths about BankingRead more
Posted inUncategorized
Nearly half of American workers don’t earn enough to afford a one-bedroom rental
Nearly half of American workers do not earn enough to rent a one-bedroom apartment, according to new data. Rents in the US continued to increase … Nearly half of American workers don’t earn enough to afford a one-bedroom rentalRead more
Posted inUncategorized
Sovereign Money is not Full-Reserve Banking
The German Bundesbank has recently released an interesting report on the role of banks, non-banks, and the central bank in the money creation process. We … Sovereign Money is not Full-Reserve BankingRead more
Posted inUncategorized
How Microsoft evades the taxman
How Microsoft moves profits offshore to cut its tax bill When someone buys a copy of Office at the Microsoft Store in Bellevue Square, that … How Microsoft evades the taxmanRead more