AI Abundance, Part 4: THE CLARITY ACT AND THE STABLECOIN WARS
As Americans prepare to celebrate the 250th anniversary of the Declaration of Independence, few are paying attention to a bill moving through Congress that could seriously impinge on our financial independence.
All Wars Are Bankers' Wars: Iran and the Bankers' Endgame
"The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole." --Prof.
Regime Change at the Fed: From Big Bank Bailouts to Local Productivity
On January 30, when former Federal Reserve board member Kevin Warsh was nominated by President Trump as the central bank's next chair, markets sold off and gold and silver plunged.
Compound Interest Is Devouring the Federal Budget: It's Time to Take Back the Money Power
Albert Einstein is often quoted as saying that compound interest is "the most powerful force in the universe." The quote is probably apocryphal, but it reflects a mathematical truth.
Cross-post, "New York City's Forgotten Public Bank Plan" by Andy Morrison
Here is an excellent article by Andy Morrison, associate director of the New Economy Project, on the historical challenges and future prospects of public banking in New York City --