Category Archives: Global Currencies

Glocal Econ 19: Caribbean Conspiracies and Canadian Austerities

福彩通app下载安装work Due: Web of Debt Chapters 39 & 40 Wizards of Money 19: The Education Sweepstakes Extra reading: A 2020 Vision: extended outline Web of Debt Blog: Oh Canada! Imposing Austerity on the World’s Most Resource-Rich Country Extra listening: David … Continue reading

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Glocal Econ 11: Fiat Paper Tigers and Chinese Miracles

福彩通app下载安装work Due: Web of Debt Chapters 26 & 27 Wizards of Money 12: The Imperial Budget and the Mythical Lock-Box Chris Martensen’s The Crash Course Extra credit: Zeitgeist Moving Forward or Unwelcome Guests Episode 573: I Spit in the Face of … Continue reading

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Glocal Econ 10: Vulture Funds and Flying Monkeys

Glocal Economics 10: Random Notes and WoD Questions Definition of Economics: A system of incentives and disincentives through which a community governs itself without resorting to physical force. A community can be a world, a country, a state, a county, … Continue reading

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Glocal Econ 9: Ponzi Schemes and Petrodollars

Questions for Chapter 20: Hedge Funds and Derivatives: A Horse of a Different Color What’s the difference between a hedge fund and a margin account? How do hedge funds make “absolute returns” (like absolute numbers in math) that make a … Continue reading

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Greece and the Secrets of the Temple

Jon Stewart did a riff on the Greek riots here: The Daily Show – Grecian Burn Get More: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook Followed by this explanation of the credit default swaps: The … Continue reading

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Class 5: Money as Terrorism, Balance or Flow

福彩通app下载安装work due: Video: The Money Masters, Part 2 of 2 Reading: Web of Debt, Chapters 8, 9 & 10 Audio: Smithy’s Wizards of Money, episode 5: Monetary Terrorism For extra credit, read the interview of Eustace Mullins and address whether … Continue reading

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Class 4 – Debt as a WMD

福彩通app下载安装work Due: Videos: Extended Confessions of an Economic Hit Man, parts 1-3 by John Perkins. The video that follows these three, translated into Arabic, is mostly redundant. But it’s interesting to imagine how Middle Easterners would hear this information about … Continue reading

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Class 3 – Web of Debt Questions, Ch 6 and 7

Chapter 6: Pulling the Strings of the King: the Moneylenders Take England How did Queen Elizabeth avoid the usery trap when the supply of money contracted after she tightened the usery laws? What legal precedent did her actions set? Which English … Continue reading

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Class 2 – Risky Business without the Risk

This week’s assignments are: watch the movie Inside Job listen to Wizards of Money episode 2: Financial Risk Transfer read Web of Debt, Chapter 3: Experiments in Utopia: Colonial Paper Money as Legal Tender, Chapter 4: How the Government was … Continue reading

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