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Monthly Archives: March 2015
Confidential Informants
The banks and the financial industry have an outsized role in US economic and political affairs. Yet, they’ve also been accused of engaging in an ongoing crime spree. Rigging markets, hoarding commodities, hiding massive amounts of plundered loot, evading taxes, laundering drug money from some … Continue reading
Out of Thin Air
The US has a fiat currency, where money is created out of thin air with a stroke of the keyboard. For political reasons, we allow banks to enjoy the advantage of money creation rather than having the US Treasury issue … Continue reading
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Tagged banks, CBO, Ellen Brown, fiat currency, MMT, Modern Monetary Theory, Naked Capitalism, Rothschild, Web of Debt
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They Own the Place
The banks and financial industry have a lock on our political and economic systems, directly contributing to the growing economic inequality and bifurcated rule of law. Since Senator Dick Durbin blurted out to a radio host the power that the banking … Continue reading