Category Archives: Uncategorized
Glocal Econ 10: Vulture Funds and Flying Monkeys
Glocal Economics 10: Random Notes and WoD Questions Definition of Economics: A system of incentives and disincentives through which a community governs itself without resorting to physical force. A community can be a world, a country, a state, a county, … Continue reading
Glocal Econ 9: Ponzi Schemes and Petrodollars
Questions for Chapter 20: Hedge Funds and Derivatives: A Horse of a Different Color What’s the difference between a hedge fund and a margin account? How do hedge funds make “absolute returns” (like absolute numbers in math) that make a … Continue reading
Glocal Econ 8 – Bear Raids and Hedge Fund Hogs
Q’s for Chapter 17 – Wright Patman Exposes the Money Machine Wright Patman saw big business, chain stores, and tax-exempt foundations as complicit with the Fed in opposing farmers and small businesses. Are these considered Main Street? Is there a … Continue reading
Glocal Econ 8: Locked Stocks and (Over a) Barrel – How Finance Controls Trade
Homework Due: Reading: Web of Debt, Ch. 17, 18 & 19 Audio: Smithy’s Wizards of Money episode 8 – Trading Nature & Cooking the Books (transcript here) Video: Life and Debt On Life and Debt, a Bermudian named Christian Dunleavy … Continue reading
Political Theater and the Spell of Money
In this very good short article on Common Dreams, Dennis Kucinich writes that Debt Political Theater Diverts Attention While American Wealth is Stolen: We have to realize what this country’s economy has become. Our monetary policy, through the Federal Reserve Act … Continue reading
Glocal Econ 7: Water Slipping Through Our Fingers Like Money
Homework due: Reading: Web of Debt Ch. 14, 15 & 16 Audio: Wizards of Money 7 – The Money Cycle vs. the Water Cycle: transcript Video: Blue Covenant: Maude Barlow and the Water Crisis Q’s for Ch. 14 – Harnessing … Continue reading