Credit markets

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Bill Black: The Best Way to Rob a Bank Is to Own One (Part 1/9)

Bill Black traces the history of modern American financial fraud starting in this episode with the S&L Banking scandal.

Webinar with Michael Hudson: A 4000-Year Perspective on Economy, Money and Debt

Michael Hudson gives a long historical account of the role of debt and money as a tool for promoting prosperity and political dominance.

How Dodgy Government Accounting Fueled Rapid Rise of Federal Student Loans

Published by Anonymous (not verified) on Fri, 30/04/2021 - 8:44pm in

Why the student loan mess is even worse than you thought.

California Judiciary Committee Gives Blistering Assessment of CalPERS’ Fiduciary Duty Failings in Analysis of Fraud-Friendly Private Debt Secrecy Bill

Published by Anonymous (not verified) on Mon, 26/04/2021 - 8:59pm in

The Judiciary Committee's analysis of a CalPERS-sponsored bill shows that Sacramento is noticing the fund's chicanery and incompetence.

The Voice of Monetary Policy

Published by Anonymous (not verified) on Sun, 25/04/2021 - 8:45pm in

A positive voice tone can lead to higher share prices and decreases in volatility, highlighting the importance of voice control for central bank communication.

Michael Hudson: Plato, Aristophanes and Aristotle on Money-Lust, 399-380 BC

Published by Anonymous (not verified) on Fri, 23/04/2021 - 8:19pm in

While Plato, following Socrates, saw money as leading to hubris, Greek philosophers didn't care much for working men either.

Softer Monetary Policy Increases Inequality

Published by Anonymous (not verified) on Wed, 21/04/2021 - 11:55pm in

Quelle suprise! Asset-goosing loose monetary policy helps the rich more than the poor even in egalitarian Denmark.

Inflation in the Aftermath of Wars and Pandemics

Published by Anonymous (not verified) on Thu, 15/04/2021 - 11:55pm in

Challenging the conventional wisdom that government responses to Covid will generate inflation.

UNCTAD’s Richard Kozul-Wright on the Post-COVID World Economy: Out of the Frying Pan… Into the Fire?

Kozul-Wright warns that for a sustainable Covid-19 recovery, it is key to abandon policies that concentrate economic power and wealth