Mark Carney talks about digital soverign currencies. But is he really describing nationalization? And if so, whither the commercial banks?
Recent Items
Friday, September 26, 2025
Mark Carney’s Trojan Unicorn — Are Central Banks Considering Stealth Nationalization in Sovereign Digital Currencies?
Topics: Banking industry, Currencies, Federal Reserve, Free markets and their discontents, Guest Post, Payment system, Regulations and regulators, Technology and innovation
Posted by Clive at 9:55 am | 48 Comments »
Links 10/1/19
Topics: Links
Posted by Yves Smith at 6:55 am | 135 Comments »
Matt Stoller: The Great Turn Is Beginning
Stoller’s fundraiser theme is cracks among the elites are getting serious.
Topics: Notices
Posted by Yves Smith at 4:38 am | 57 Comments »
Brexit: Out of Runway
How long can Johnson keep his Brexit deal fantasy going?
Topics: Brexit, Europe, Politics, Regulations and regulators, UK
Posted by Yves Smith at 4:37 am | 49 Comments »
Rural Hospital Closings Reach Crisis Stage, Leaving Millions Without Nearby Health Care
How rural hospital closures have serious knock-on effects.
Topics: Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Guest Post, Health care
Posted by Yves Smith at 3:34 am | 22 Comments »
Trump’s Latest Trade War Move Sends Oil Tanking
Oil markets see Trump’s continuing China trade threats as a downer.
Topics: China, Energy markets, Globalization, Guest Post
Posted by Yves Smith at 3:07 am | 7 Comments »
London Meetup (with Jerri-Lynn, Clive, Richard Smith), 3rd October: We Look Forward to Seeing You!
London meetup, 3rd October, with Jerri-Lynn, Clive, and Richard Smith.
Topics: Guest Post, Notices
Posted by Jerri-Lynn Scofield at 1:25 am | 7 Comments »
Wow! Met Our First Fundraiser Goal in Record Time! Next Is More Meetups and Travel
The fundraiser is off to a great start! If you haven’t given already, please support our second goal, more meetups.
Topics: Notices
Posted by Yves Smith at 5:07 pm | 5 Comments »
2:00PM Water Cooler 9/30/2019
Today’s Water Cooler:
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 126 Comments »
America’s Final Patriots: An Interview + Book Review of Crisis of Conscience: Whistleblowing in an Age of Fraud by Tom Mueller (Riverhead Books, 2019)
A new, “brutally researched” book on whistleblowers describes their importance and the price they often pay.
Topics: Banana republic, Guest Post, Legal, Social values, Surveillance state
Posted by Yves Smith at 9:55 am | 13 Comments »
Links 9/30/19
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 160 Comments »
Fundraiser 2019: What We Did for You in the Past Year
Our report on what we accomplished since our last fundraiser, thanks to your support.
Topics: Notices
Posted by Yves Smith at 4:42 am | 16 Comments »
Fundraiser 2019: Fighting the Good Fight
Fundraiser 2019 is on! Give generously to keep us unbought and unbossed.
Topics: Notices
Posted by Yves Smith at 4:42 am | 9 Comments »
From 2014: R. Hunter Biden Should Declare Who Really Owns His New Ukrainian Employer, Burisma Holdings
ive years later, Richard Smiths’s 2014 deep dive into Ukraine’s Burisma Holdings, then and now of Hunter Biden fame, provides detail you won’t find anywhere else.
Topics: Banana republic, Energy markets, Guest Post, Politics, Ridiculously obvious scams
Posted by Yves Smith at 4:41 am | 20 Comments »
The Cost/Benefit Analysis of No Deal
Looking at the contours of a No Deal Brexit.
Topics: Brexit, Doomsday scenarios, Economic fundamentals, Europe, Free markets and their discontents, Globalization, Guest Post, Politics, UK
Posted by Yves Smith at 2:50 am | 64 Comments »