- Every Peace Group and Activist Should Join Strike DC for the Earth’s Climate
- Talk Nation Radio: Russell Gray on Plans to Shut Down Streets for Climate
- Smedley Butler’s Speech Against War in Charlottesville in 1937
- Boycott All U.S.-Corporate Media!
- Why America’s Military Capabilities Are Failing
- For the First Time in My Life I’m Against Impeaching the President
- The Majority of Americans Hate BOTH Parties
- How Fascist Is the Republican Party?
- Antiwar Billboards Are Up in Ireland
- Talk Nation Radio: Ken Mayers and Tarak Kauff on Protesting War in Ireland
- Limerick at Peace
- How the U.S. Created the Cold War
- How Deep Is the Rot in America’s Institutions?
- Zombie Zombie Zombie
- Two Opposite Ways of Interpreting Wars and International Relations
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Tag Archives: cheap credit
Cheap credit–newly issued money that can be borrowed at low rates of interest–is presented as the savior of our economic system, but in reality, it’s why our system is broken. The conventional economic pitch goes like this: cheap credit enables … Continue reading
One little-remarked consequence of the central banks’ policies of near-zero interest rates and quantitative easing is the unrivaled dominance of mobile global capital, i.e. the Corporatocracy. The source of corporate political power is the ability to borrow essentially unlimited sums … Continue reading
According to polls, the majority of Greek citizens want the benefits of membership in the euro/EU and the end of EU-imposed austerity. The idea that these are mutually exclusive doesn’t seem to register. This is the discreet charm of magical … Continue reading
Those who actually create value as opposed to chasing yield with nearly-free money will actually have some traction once the swamp of excess liquidity drains. When those closest to the money spigots of the Federal Reserve can borrow billions for … Continue reading
That any schoolkid could predict eliminating feedback and consequences will lead to a series of disastrously poor choices by speculators and imprudent borrowers doesn’t register with the Keynesian Cargo Cult. The Keynesian Cargo Cult’s ability to print and squander money … Continue reading