Wirecard CEO Markus Braun was “The Godfather” of an elaborate scheme to defraud investors in the fintech star Wirecard, a former German lawmaker told DW ahead of the … How Germany’s Fraudulent Fintech Star Was ExposedRead more
Finance
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The Deeper Malaise Behind Rupee’s Free Fall
On September 23, the value of the rupee vis-a-vis the dollar fell to a new low: it crossed Rs 81 to a dollar after some … The Deeper Malaise Behind Rupee’s Free FallRead more
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The Drive to Eliminate Buying with Cash
“Sorry we’re not taking cash or checks,” said the clerk at the Fed Ex counter over a decade ago to an intern. “Only credit cards.” … The Drive to Eliminate Buying with CashRead more
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While Crypto Bro Scammed Clients, Reporters Scammed Readers
Today, you probably know who Sam Bankman-Fried and FTX are, and the details of why he and his company are front-page news are emerging at … While Crypto Bro Scammed Clients, Reporters Scammed ReadersRead more
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Escaping the Western Rentier
It is impossible to track the geoeconomic turbulence inherent to the “birth pangs” of the multipolar world without the insights of Professor Michael Hudson at … Escaping the Western RentierRead more
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Fed Rate Hikes Are “Body Blow” to Workers Reeling from Pandemic, Growing Inequality
This week, the United States is facing what Politico calls a Category 5 economic storm as analysts debate whether the U.S. economy is in a … Fed Rate Hikes Are “Body Blow” to Workers Reeling from Pandemic, Growing InequalityRead more
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How About a Civic Group to Oppose a Cashless Society?
The most perceptive ancient historians and philosophers could not have foreseen a time when a certain type of mass convenience and abundance becomes a threat … How About a Civic Group to Oppose a Cashless Society?Read more
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To tackle the cost of living we need to align banks with public purpose
carrot with a stick? We can not only look to the past for inspiration on how to do this, but to the digital money of … To tackle the cost of living we need to align banks with public purposeRead more
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Interest Rate Hikes Will Not Save Us from Inflation
Rather than making money harder to get, the U.S. government needs to focus on the other side of the demand vs. supply equation. In prescribing … Interest Rate Hikes Will Not Save Us from InflationRead more
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25 years of Bank of England independence shows we need a new approach
This week marks 25 years since arguably the biggest change to UK economic policy that no one voted for – the handing over of control … 25 years of Bank of England independence shows we need a new approachRead more