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Tag Archives: interest rates
Cast off the Debt Burden
Being free of debt, whether it be an individual or a nation, is a fantasy. Well, so we have been brainwashed to believe. In fact we have been: ‘bamboozled’ into allowing a small financial elite to create colossal quantities of … Continue reading
Posted in anthropocene
Tagged austerity, conflict, debt burden, economics, global financial markets, IMF, impunity, interest rates, Keynes, loans, mismanagement, mobile capital, poverty, power grabs, resources, trade, usury
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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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borderslynn 