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
Finance
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
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
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
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
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
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
what Central Banks could do to stem inflation without crushing the poor
Inflation is a disease that disproportionately afflicts the poor. Even before Vladimir Putin unleashed his brutal war on Ukraine, whose byproducts include soaring energy and … what Central Banks could do to stem inflation without crushing the poorRead more
The Day George Soros Broke the Bank of England To Make $1.1B
Less known by the general public than Warren Buffett or Peter Lynch, George Soros is nevertheless a legend in the investment world. George Soros’ most … The Day George Soros Broke the Bank of England To Make $1.1BRead more
Deciphering the Review of the IMF’s Institutional View on Capital Flows
On March 30, 2022, the International Monetary Fund published the Review of the Institutional View on the Liberalization and Management of Capital Flows. The review … Deciphering the Review of the IMF’s Institutional View on Capital FlowsRead more