Category Archives: Banking industry

Wolf Richter: Oh Lordy, Yellen Comes Out for Higher Interest Rates: “A Plus for Society’s Point of View and the Fed’s Point of View”

“We want them to go back to” a normal interest rate environment.

The West’s Not Very Hidden Hand in Debt Oppression in Central Asia

How World-Bank-sponsored microlending produced widespread misery in Kyrgyzstan and Kazakhstan: debt collectors use violence.

Crypto Crackdown: Only the Beginning?

If you think the officialdom is getting tough with crypto, there’s even more they can do to tighten the screws.

Bill Black: The Best Way to Rob a Bank Is to Own One (Part 1/9)

Bill Black traces the history of modern American financial fraud starting in this episode with the S&L Banking scandal.

Sputtering About Crypto and the US Pipeline Ransomware Attack

You can hear the silence about the role of crypto in the Colonial Pipeline and a growing spate of ransom demands.

Bank Shot: Financial Giants’ Return to Manhattan Gives Smaller Businesses Hope

Some bank CEOs are telling their workers to return to the office in the next few months. If Covid stay tame, will other companies follow?

Michael Hudson Q&A in Webinar on 4000 Years of Money and Debt

The Q&A from a Michael Hudson talk on money, debt, and economic orthodoxy.

Webinar with Michael Hudson: A 4000-Year Perspective on Economy, Money and Debt

Michael Hudson gives a long historical account of the role of debt and money as a tool for promoting prosperity and political dominance.

How Dodgy Government Accounting Fueled Rapid Rise of Federal Student Loans

Why the student loan mess is even worse than you thought.

Abolish the OCC

The idea of getting rid of a hopelessly captured and largely redundant bank regulator, the OCC, is gaining support.

The Voice of Monetary Policy

A positive voice tone can lead to higher share prices and decreases in volatility, highlighting the importance of voice control for central bank communication.

UNCTAD’s Richard Kozul-Wright on the Post-COVID World Economy: Out of the Frying Pan… Into the Fire?

Kozul-Wright warns that for a sustainable Covid-19 recovery, it is key to abandon policies that concentrate economic power and wealth

Michael Hudson Asks Our Readers: If Democracy Winds Up Creating Financial Dominance, What Do We Call China?

Michael Hudson seeks reader input on what to call modern governments not run by traditional nobles or financial interests.

Revealed: The Climate-Conflicted Directors Leading the World’s Top Banks

65% of directors from the banks analysed had connections to polluting industries and obstructive lobby groups.

QE During the “Everything Mania”: Fed’s Assets at $7.7 Trillion, Up $3.5 Trillion in 13 months

Trying to make sense of what the Fed is up to.