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The sector will be called upon to repair and rebuild after widespread flooding in the north of England...
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Concerns about UK dividends are mounting. Are these worries justified?...
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The scale of the global epidemic of obesity, metabolic syndrome and diabetes are truly staggering.
Though evidence of a looming global healthcare crisis is plainly visible, few seem to realize the consequences will be catastrophic to individuals, households and national economies.
Here is a list—by no means exhaustive—of major health...
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The only way to reverse rising inequality and break the power of the super-wealthy Financial Aristocracy is to stop using their central-bank issued currencies.
Many well-meaning people want to limit the wealth and power of the super-wealthy, i.e. the Financial Aristocracy/Oligarchy.  (For more on the modern class structure, please see  Am...
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Non-spoiler alert: this parody does not give anything away about the film.
I can't tell you how I acquired the scenes that were deleted from the screenplay or from the film, but here are a few of the bits that were edited out of  Star Wars: The Force Awakens .
1. Evil guy Kylo Ren's evil sidekick is revealed to be Jar-Jar Binks, who altered...
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Referendum on radical proposal to give central banks sole money creation power will be held after petition gains 110,000 signatures...
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The only real solution in my view is to create and distribute money at the base of the pyramid rather than to those in the top of the pyramid.
Many well-intended people want to reform the status quo for all sorts of worthy reasons:  to reduce wealth inequality, restore democracy, create good-paying jobs, and so on.
All these goals are...
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DEBT-FREE MONEY AND BANANA REPUBLICS, PART TWO

By L. Randall Wray

My previous blog sparked a lot of discussion, especially over at Naked Capitalism. I do pity Yves Smith! There’s enough nonsense in the commentary to populate a large nation.

As I have argued, it is very hard to figure out what the debt-free money folks want as they are confused...

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DEBT-FREE MONEY AND BANANA REPUBLICS

By L. Randall Wray

Some time ago, I labeled the “debt-free money” campaign a non sequitur in search of a policy. (See here.) However, this non sequitur refuses to die. I went on to joke that if they want a debt-free money, they ought to propose that government issue bananas as currency.

I frequently am...

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The Fed's hubris has led it to the Dark Side.
It's not just a movie, it's real life: the Fed-Farce awakens.  Now that the Federal Reserve has finally voted to "restore order to the galaxy" with a tiny .25% rate increase, the true measure of our  travesty of a mockery of a sham  economy--in a phrase, The Fed-Farce--has been revealed....

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