Simon Johnson is a professor of entrepreneurship at MIT. In this video he explains that the financial crisis is no accident but a continuing cycle in which the big banks get ever richer and more powerful. He does not seem to recognize the debt imperative and growth imperative that is a feature of our debt-money and banking system but his charts clearly show its effects.–t.h.g
The End of Money…
My latest book, The End of Money and the Future of Civilization , can be ordered from Amazon.com , or your local bookstore. You can also read a preview at Google Books.To order signed copies of my previous books, click on the title below:
Money: Understanding and Creating Alternatives to Legal Tender
Beyond Money- Bitcoin, Blockchain, and the end of money as we’ve known it December 1, 2022Whether one likes it or not, the end of money as we’ve known it is at hand. From a more or less conventional perspective it may look something like what David G.W. Birch describes in his Forbes article, Payments In … Continue reading →
- 2022 September Newsletter – Economic Prospects and Exchange Innovations October 6, 2022In this issue: The Legacy and Vision of Dee Hock (b. March 21, 1929 – d. July 16, 2022) I had occasion to meet Dee Hock in September of 1995 when we were both invited to participate in the first … Continue reading →
- June 2022 Newsletter–Reconnecting the Monetary Economy to the Real Economy September 13, 2022I’m a little late in posting this here, but if you didn’t see it when I first sent it out, I think you will find it interesting and useful. 2022 June Newsletter ― Reconnecting the Monetary Economy to the Real … Continue reading →
- Reprising Beyond Money Podcasts September 10, 2022During 2019 and 2020 we recorded a series of ten podcast interviews with leading experts and social entrepreneurs who have been working on developing and implementing improved means of exchange aimed at making the economy more equitable and ecologically sustainable. … Continue reading →
- One of my most popular posts–There once was a river …an allegorical tale of money and credit August 27, 2022One of my most popular posts has been, There once was a river …an allegorical tale of money and credit, in which I’ve tried to show how we have all become slaves to money and those who control money. Using … Continue reading →
- Shall We Have Honest Money–or Inflation, Depression, and War? August 2, 2022This little vignette written by Don Werkheiser remains one of the best concise explanations of inflation I’ve ever seen. It was published in the spring 1982 edition of Green Revolution, the journal of the School of Living a non-profit organization … Continue reading →
- The Politics of Money and the New World Order July 29, 2022In light of the current surge in the rates of inflation in countries around the world, the dominant political monetary regime is once again being called into question. Perhaps this time there will be sufficient interest and concern about its … Continue reading →
- The debt crisis spreading around the world July 17, 2022A recent news post blames pandemic spending, a rising dollar and poor leadership for the debt crises in Sri Lanka, Lebanon, Ghana, El Salvador, Zambia, and Pakistan, but while those may be the proximate causes of the crises, there is … Continue reading →
- Reconnecting the Monetary Economy to the Real Economy June 23, 2022This article was excerpted from my June, 2022 Newsletter which you can view in its entirety at my Mailchimp site. You can also sign up there to receive future newsletter editions. Reconnecting the Monetary Economy to the Real EconomyMoney is … Continue reading →
- The Usury Conjecture on the centralized, interest-based, debt-money system June 3, 2022The Usury Conjecture on the centralized, interest-based, debt-money systemRevised June 2, 2022Thomas H. Greco, Jr. The Usury Conjecture in a nutshellThe central banking, interest-based, debt money system that is dominant around the world today is neither stable, nor sustainable, nor … Continue reading →
- Bitcoin, Blockchain, and the end of money as we’ve known it December 1, 2022
Beyond Money 