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Descent of the Global Monetary System

Tom Spencer

Around 90% of foreign exchange trading involves the US dollar and, by the end of March 2019, US dollar denominated loans to non-bank borrowers outside America exceeded $11 trillion. For example, if the US government spends more than it collects in taxes, it can finance the budget deficit by selling bonds.

System 88
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What is a Healthy Company?

Markovitz Consulting

In 2019, the organization announced that corporations should be governed to benefit all stakeholders— customers, employees, suppliers, communities and shareholders. Similarly, one of the primary drivers of GE’s fall from grace was the reckless pursuit of profits from its financing operations. What makes for a healthy company?

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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

Chicago finances are even worse than I thought which is saying quite a bit because I have written about the sorry state of Chicago finances on numerous occasion. Many of these uses of bond proceeds are not eligible for tax-exempt financing under the federal tax code." Who Is Kristi Culpepper? You should be.

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The Cantillon Effect

Tom Spencer

In 2020, the Fed has galloped over the precipice, increasing its balance sheet by around $2.8 As a case in point, from 1975 to 2019 the average annual increase in Harvard tuition was 5.1% Central banks pursue “inflation at any cost” in order to oil the wheels of the credit markets. trillion over the last 5 months.

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