Monthly Archives: May 2011

Class 4 – Debt as a WMD

Homework Due: Videos: Extended Confessions of an Economic Hit Man, parts 1-3 by John Perkins. The video that follows these three, translated into Arabic, is mostly redundant. But it’s interesting to imagine how Middle Easterners would hear this information about … Continue reading

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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

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Class 3 – The Money-Maker’s Myth and the Reality

Homework due: Web of Debt Chapter 6: Pulling the Strings of the King: The Moneylenders Take England Chapter 7: While Congress Dozes in the Poppy Fields: Jefferson and Jackson Sound the Alarm Chapter 8: Scarecrow with a Brain: Lincoln Foils … Continue reading

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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

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Class 2 – Risky Business without the Risk

This week’s assignments are: watch the movie Inside Job listen to Wizards of Money episode 2: Financial Risk Transfer read Web of Debt, Chapter 3: Experiments in Utopia: Colonial Paper Money as Legal Tender, Chapter 4: How the Government was … Continue reading

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