Tag Archives: central banks
On the Process of Awakening
By Charles Hugh Smith Source: Of Two Minds We cannot help but feel a hunger for authenticity, honesty, spiritual solace and human connection, but these are precisely what is scarce in our social and economic structure. There is a tremendous … Continue reading
Neoliberalism: Serving the Interests of the International Business Elitists
By Edward S. Herman Source: Dissident Voice Mark Weisbrot, a co-director with Dean Baker of the Center for Economic and Policy Research (CEPR), has written an enlightening book that pulls together many of the analyses that CEPR has been producing … Continue reading
A Warning From the B.I.S.: the Calm Before the Storm?
By Mike Whitney Source: CounterPunch The Bank for International Settlements (BIS) is worried that recent ructions in the equities markets could be a sign that another financial crisis is brewing. In a sobering report titled “Uneasy calm gives way to … Continue reading
The Federal Reserve and the Global Fracture
An Interview with Finnish Journalist Antti J. Ronkainen Michael Hudson Source: The Unz Review Antti J. Ronkainen: The Federal Reserve is the most significant central bank in the world. How does it contribute to the domestic policy of the United … Continue reading
Markets Ignore Fundamentals And Chase Headlines Because They Are Dying
By Brandon Smith Source: Alt-Market.com Normalcy bias is a rather horrifying thing. It is so frightening because it is so final; much like death, there is simply no coming back. Rather than a physical death, normalcy bias represents the death … Continue reading
Hang onto your wallets: Negative interest, the war on cash, and the $10 trillion bail-in
By Ellen Brown Source: Intrepid Report Remember those old ads showing a senior couple lounging on a warm beach, captioned “Let your money work for you”? Or the scene in Mary Poppins where young Michael is being advised to put … Continue reading
Leviathan and Behemoth
By Chris Shaw Source: Center for a Stateless Society Introduction The capitalist economy has gone through another shock, and the potential for another, larger one is on the horizon. While it’s seemingly in its death throes, capitalism continues to fuel … Continue reading
We Need a Social Economy, Not a Hyper-Financialized Plantation Economy
By Charles Hugh Smith Source: Of Two Minds The key to broadly distributing capital and reversing inequality is to nurture the source of social capital: the community economy. We all know what a hyper-financialized economy looks like–we live in one:central … Continue reading
