Tag Archives: Wall Street

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

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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

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‘Euthanasia of the rentier’: understanding of the fundamentals of the monetary system

From ‘The Production of Money’, by Ann Pettifor Keynes was ruthless in his approach to the subordination of the finance sector to the interests of wider society and actively campaigned for the ‘euthanasia of the rentier’. He regarded the love … Continue reading

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