Search Results for: redistribution

Bank of England Admits that Loans Come FIRST … and Deposits FOLLOW

The Bank of England Corrects a Widespread Myth The above is from a new official video released by the Bank of England. The Bank of England notes in a new article: Broad money is a measure of the total amount … Continue reading

Posted in Business / Economics, Politics / World News | 9 Comments

No, Millions of Americans Have NOT Dropped Out of the Labor Force Just Because They’re Retiring Baby Boomers

Despite the Happy Talk,  Unemployment Is Still High Zero Hedge notes that the number of Americans in the labor force has dropped to 1978 levels: The civilian labor force … dropped from 155.3 million to 154.9 million, which means the … Continue reading

Posted in Business / Economics, Politics / World News | 5 Comments

Global Debt Exceeds $100 Trillion

The Whole World Has Gone Into Debt Bloomberg reports: The amount of debt globally has soared more than 40 percent to $100 trillion since the first signs of the financial crisis as governments borrowed to pull their economies out of … Continue reading

Posted in Energy / Environment, Politics / World News | 13 Comments

It’s Now Mainstream Economics that Runaway Inequality Hurts the Economy … But Corrupt Government Policy Is Still Pouring Gasoline On the Fire and Dramatically INCREASING Inequality

Who’s Who of Prominent Economists Agree: Inequality Harms Economic Growth A who’s who of prominent liberal and conservative economists in government and academia have now said that runaway inequality harms economic growth, including: Current Fed chair Janet Yellen Former Fed … Continue reading

Posted in Business / Economics, Politics / World News | 2 Comments

In a Few Short Years, Mainstream Economists Have Gone From Assuming Runaway Inequality Is Harmless to Understanding that It Cripples the Economy

But Bad Government Policies Are Making Inequality Worse By the Day AP reported last December: Economists appear to be increasingly concerned about the effects of inequality on growth. Brown, the Raymond James economist, says that marks a shift from a … Continue reading

Posted in General | 4 Comments