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Tag Archives: gambling
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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Adam Smith (1723 – 1790)
I have used the timeline from the BBC Timeline of British history which provide a flavour of what was happening during the lifetime of Adam Smith. His father (same name) was a Judge Advocate after qualifying as a solicitor (called Writers at … Continue reading
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