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
Economics
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End Medical Debt
So, how many people have medical debt? Actually, it’s around 100 million people around the country that have medical debt. And that’s racked up to … End Medical DebtRead more
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We Need to Talk About the Original Sin of Economics
When you think of original sin and the fall of Adam and Eve, an economics class probably isn’t the first thing that comes to mind. … We Need to Talk About the Original Sin of EconomicsRead more
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Slash the Pentagon Budget in Half & Abolish ICBMs
Since the end of the Cold War, people have been focused on the possibility of a terrorist nuclear attack or an accident or some rogue … Slash the Pentagon Budget in Half & Abolish ICBMsRead more
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Financial order that really designed benefit the United States
Michael Hudson
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See How Much Climate Change Has Cost Different Countries
Low-income nations bear the brunt of costs from climate change https://static.scientificamerican.com/sciam/cache/file/B7E881A4-72DB-4407-AA8ABF8F47F717CB_source.png Credit: Amanda Montañez The top five greenhouse gas–emitting nations—the U.S., China, Russia, Brazil and … See How Much Climate Change Has Cost Different CountriesRead more
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Multipolarity and Financial Capitalism
https://mf.b37mrtl.ru/files/2021.01/5ff2c92f85f540329411a62c.mp4 Michael Hudson