Call for governments to inquire if money and the financial system is fit for purpose?

The crisis of legitimacy of the political and financial systems In my view Government is not “fit for the purpose” of facilitating a transition to “Democratic Money with Environmental Values [to] Reduce Market Failures”. I suspect the reason why “the Australian Government has led the way by setting upa Financial System Inquiry” …

The Financial Road to Serfdom

The Financial Road to Serfdom by Michael Hudson Information Clearing House http://www.informationclearinghouse.info/article28319.htm June 13, 2011 How Bankers are using the Debt Crisis to Roll Back the Progressive Era Financial strategists do not intend to let today’s debt crisis go to waste. Foreclosure time has arrived. That means revolution – or …

Inequality, inequity, and the “simpleton’s god of free markets

Editor’s note — The following is a piece from a conversation between Per Kurwoski and Angus Cunningham. For background on Per Kurwoski and his perspective, watch his video “Basel’s Monstrous Regulatory Mistake. In your latest comment on an iMFdirect post, Per, you used the word “inequality”. Yet I wonder if …