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Monthly Archives: March 2023
Weaponising interest rates, inducing negativity caused by austerity
Continuing on from the previous blog, here are some further extracts from ‘The Production of Money’ by Ann Pettifor: Wielding the weapon of interest, finance capital effectively holds societies, governments and industries, but also the entire ecosystem, to ransom over … Continue reading
Posted in anthropocene
Tagged addiction, assets, austerity, bank interest, city of london, deflation, democracy, financiers, gambling, harm, impunity, MBA, rates, rent, social harm, Wall Street
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Designing financial instruments which destroy lives
Fact: Those with wealth seek to invest in varioùs assets which have the best return. Sometimes financial instruments have been designed to fill the shortfall in asset availability. Many of us have suffered after these machinations inevitably turn foul. Many … Continue reading
Posted in anthropocene
Tagged ABS, acronyms, assets, banking, CBOs, CDOs, CLOs, CMBS, CMOs, federal agency, financial crises, financial instruments, investors, MBA, mortgages, property, risk transfer, Wall Street
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Credit Line
Ann Pettifor explains: …after the Second World War, the finance sector recruited (directly or indirectly) economists, journalists and politicians to reverse Keynes’s monetary theories and policies….. [Thank the London School of Economics for much of the defamation of Keynes from … Continue reading
Posted in anthropocene
Tagged african banks, asian banks, bank collapse, banking sector, central banks, climate change, ecosystem, elite, european banks, financial sector, innovation, interest rates, investment, Keynes, LIBOR, London School of Economics, monetarism, poverty, start ups, taxpayers
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Start-up to Scale-up: Do No Harm
Farmers might consider adding seaweed to the diet of their cattle because it will reduce the methane output by the animals by 80%! The research has been revealed in this article: https://theconversation.com/can-seaweed-save-the-world-well-it-can-certainly-help-in-many-ways-201459 But before we get too excited we must … Continue reading
Environmental auditing is not what it seems
You and I might care about sustainable forestry and check that any product made from the trees of this world are carefully sourced to protect ancient and rare trees. Auditors who assist in green labelling are part of a multi … Continue reading
Posted in anthropocene
Tagged ancient forests, auditors, cardboard, conflict, criminals, destruction, ecology, enforcement, environment, forestry, furniture, international crime, lax laws, military junta, rare trees, regulation, smugglers, sustainable timber, war chest, wooden products
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