Currency

Achieving Self-Funding Local Sovereignty as Global Food Systems Collapse

The solution to the current food crisis is small and local, including growing food locally. But how to fund local food co-ops without pricey loans from big banks? “Deglobalizing” and “dedollarizing” have been much in the news. Reducing dependence on the global supply chain and the U.S. dollar are trends that are happening not just […]

A Reset that Serves the People (Part 2)

Instead of buying into the World Economic Forum’s dystopian “Great Reset,” we can build an alternative system with a mandate to serve the people. This is part two to a May 4, 2022 article called “A Monetary Reset Where the Rich Don’t Own Everything,” the gist of which was that national and global debt levels are […]
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Ending “West’s Neocolonial Oppression”: On the New Language and Superstructures

The Russia-Ukraine war has quickly turned into a global conflict. One of the likely outcomes of this war is the very redefinition of the current world order, which has been in effect, at least since the collapse of the Soviet Union over three decades ago. Indeed, there is a growing sense that a new global […]

A Monetary Reset Where the Rich Don’t Own Everything (Part 1)

We have a serious debt problem, but solutions such as the World Economic Forum’s “Great Reset” are not the future we want. It’s time to think outside the box for some new solutions. In ancient Mesopotamia, it was called a Jubilee. When debts at interest grew too high to be repaid, the slate was wiped […]
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REPORT: “90% of nations planning Central Bank Digital Currency “

Kit Knightly Audio Version New Feature! A new report from the Bank of International Settlements estimates that up to 90% of national central banks are at least in the planning stages for launching a central bank digital currency (CBDC): Nine out of 10 central banks are exploring central bank digital currencies (CBDCs), and more than …

Dollar’s End

In 2009, after helping rescue the US from the Global Financial Crisis, Zhou Xiaochuan, Governor of the Peoples Bank of China, said, “The world needs an international reserve currency that is disconnected from individual nations and able to remain stable in the long run, removing the inherent deficiencies caused by using credit-based national currencies.” Zhou […]
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Bashing Warmongering and Secrecy on Chicago Radio with Shaun Thompson

Shaun Thompson and I had a rollicking chat today on Chicago’s The Answer AM 560.   We talked about the recent Supreme Court decision permitting the CIA to invoke “State Secrets” to keep its torture site in Poland secrecy.   The Presidential Records Act cover-up of presidential records took a beating, along with former presidents who got […]

News on China | No. 89

China criticizes NATO expansion, supports national sovereignty. It calls for both sides, Russia and Ukraine, to end the war. China restates its opposition to unilateral economic sanctions. The de-dollarization of China-Russia trade is about to increase. China is the world leader in transitioning to clean energy. The rate of urbanization slows down.
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A New Path for Economics

Steve Keen’s book, The New Economics: A Manifesto (2021), offers a new path for economics, and for good reason. In his view, neoclassicism, the paradigm that rules modern-day economics, has become a serious menace: I regard Neoclassical economics as not merely a bad methodology for economic analysis, but as an existential threat to the continued […]
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Is the US Global Empire Actually in Decline?

It is almost taken for granted, if not an article of faith, in the progressive milieu (e.g., here) that the US empire is declining. Does this hold up, or is it comfort food for the frustrated hoping for the revolution? First, it is essential not to confuse the ongoing decline of the living conditions of […]
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