Category Archives: Web of Debt
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 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
Glocal Economics 6: Alternatives to the Money Machine
Homework Due: Reading: Web of Debt, Chapters 11, 12 & 13 Video: Why Greater Equality Makes Societies Stronger or the audio: Redefining Poverty: Needs and the Spirit Level. Audio: Wizards of Money 6: Democratizing the Monetary System. Write down two criticisms … Continue reading
Class 3 – Web of Debt Questions, Ch 6 and 7
Chapter 6: Pulling the Strings of the King: the Moneylenders Take England How did Queen Elizabeth avoid the usery trap when the supply of money contracted after she tightened the usery laws? What legal precedent did her actions set? Which English … Continue reading
Class 2 – Web of Debt Questions, Ch. 3, 4, 5
Chapter 3: Experiments in Utopia: Colonial Paper Money as Legal Tender Which was the first colony to issue paper money and why did they do it? Who is considered the father of paper money? What were four virtues of government … Continue reading