money

13.02.2021

The Great Divorce of the Century

The Great Divorce of the Century

The COVID pandemic has pushed the close-knit relationship between work and money towards a bitter divorce. Millions lost their jobs and their money, some kept their jobs and their money, and others goteven more money without doing much. This situation didn’t start with the pandemic, but it became more ‘in your face’ and it has created… »

29.10.2020

Selectively Unwalking the Path of History

Selectively Unwalking the Path of History

I would like to help you out.   Which way did you come in? I would like to suggest a way to make the impossible possible, starting from the premise that the basic juridical principles and cultural premises of the global economy now make it impossible for humanity and the biosphere… »

07.05.2020

Money is Only Pieces of Paper

Money is Only Pieces of Paper

Money is only pieces of paper. It tears like paper, burns like paper. You can’t eat it, you can’t wrap things in it, you can’t write on it. It’s less useful. Money is a convention. It’s an agreement that, until recently, was linked to the physical presence of a wealth… »

26.08.2019

Why the G7 can only deliver more of the same (only worse). But there is hope

Why the G7 can only deliver more of the same (only worse). But there is hope

It is that time of the year and the leaders of 7 industrialised countries get together to address the world situation. What an opportunity to deal with inequality, the climate crisis, the trade wars, gender discrimination, racism, the refugees crisis, regulate multinationals, tax havens and banks, stop unbridled speculation, promote… »

14.09.2018

Central Banks Have Gone Rogue, Putting Us All at Risk

Central Banks Have Gone Rogue, Putting Us All at Risk

by Ellen Brown, originally posted on Truthdig, Sept. 13, 2018   Excluding institutions such as Blackrock and Vanguard, which are composed of multiple investors, the largest single players in global equity markets are now thought to be central banks themselves. An estimated 30 to 40 central banks are… »

06.03.2017

Video: Richard D. Wolff – What is Money? Why do some have more than others?

Video: Richard D. Wolff – What is Money? Why do some have more than others?

This video is part 2 of an educational & historical series with Professor of Economics Emeritus (University of Massachusetts), Marxist economist and founder of Democracy at Work, Richard D. Wolff. In this interview we talk to him about an instrument of exchange that we use in our society… »

17.08.2016

Money, Economy, Economics

Money, Economy, Economics

By Johan Galtung* Money is the key: that genius innovation for storing general value and exchanging specific values according to price.  Not strange, that heads of state had their faces imprinted on coins and bills. But not on cents and euros.  The EU is faceless.  Brexit is not. Coins and… »

12.04.2016

The two worlds of precious metals: East and West

The two worlds of precious metals: East and West

For five thousand years, gold and silver have been humanity’s premier form of money; real money, not the faux-money manufactured by our central banks. During that same period of time, these metals have been our premier instruments of wealth preservation and therefore our “safe havens.” There is nothing accidental about… »

05.03.2015

The Foul Stench Of Desperation

The Foul Stench Of Desperation

Financial industry commentator Mary Kay Mason adds her two pennyworth, March 5, 2015, after reading the article The Foul Stench Of Desperation saying: “Americans have been ill for quite awhile, morally ill. Etiology: apathy. America has gone from intensive care, to palliative care and now on the deathbed of hospice… »

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