On the long-standing religious and ethical proscriptions against usury, and how and why the Catholic Church rebranded it as interest.
Read more...A wide ranging talk that corrects the record about banking, such as the the Catholic Church, as opposed to Jews, being the prime mover
Read more...A look at two factoids in a new Martin Wolf article illustrate why our economic mess seems intractable….and not just for the feckless US.
Read more...Why the downside to Trump economic policies are far greater than the press and pundit class are willing to acknowledge.
Read more...Mapping the contagion fever chart of how a Trump financial meltdown might unfold.
Read more...Why BRICS has gotten barely anywhere on launching its own finanicial institutions and why that is unlikely to change soon if ever.
Read more...Why the Trump-induced economic and financial train wrecks will be more severe than most pundits seem to anticipate.
Read more...The era before modern banking took off featured flexible, highly personal credit arrangements, in some ways better than what we have now.
Read more...Sales of US equities by foreign owners played a meaningful role in the falll of the dollar after the Trump tariff rampage began.
Read more...On how lower foreign government appetite for Treasuries might affect the status of the dollar as reserve currency.
Read more...Some further thoughts on the radical US-destructiveness of the Trump tariff regime.
Read more...Mr. Market, in the form of longer-dated Treasury yields, is not on board with the Trump tariff scheme.
Read more...A program that purchased medical debt at a deep discount, while effective, still reinforces a predatory system.
Read more...How the Trump tariffs will whack private equity, and even more so, investors like CalPERS and other public pension funds.
Read more...A new study estimates the cost of payday loans in New York as the state debates tightening rules on these fintechs beyond existing usury laws
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