On Contact: The history of debt forgiveness | Prof Michael Hudson

Economist and author, Michael Hudson, in his new book “…And Forgive Them Their Debts: Lending, Foreclosure and Redemption From Bronze Age Finance to the Jubilee Year,” shares with journalist Chris Hedges how Ancient cultures forgave debt cyclically to prevent debt peonage and the rise of an oligarch elite.

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Enlightening the Shadow Side of Banking – Monetization of Negotiable Debts by the Few as Instruments of Enslavement of the Many

http://www.lettersofnote.com/2012/10/people-simply-empty-out.html https://www.presidency.ucsb.edu/ws?pid=29502 by Ivo Mosley http://www.cobdencentre.org/author/ivo-mosley/ Ivo Mosley studied Japanese for a first degree and Musical Theatre for an MA. He has written fiction, plays, and cultural criticism for many publications, both mainstream and fringe. He became interested in money creation while writing on the illusion of democracy, identifying money-creation by banks as the murkiest… Read More

Is Credit Creation a Public Good or a Private Evil?

I have been painstakingly following the events of the Greek sovereign debt crisis, and the article yesterday entitled #ThisIsACoup: Greece bailout demands spark social media backlash against Germany struck a deep chord within me as the issue of our own sovereign debt crisis and our handling of it has been on the forefront of my… Read More