Although the repo market is little known to most people, it is a $1-trillion-a-day credit machine, in which not just banks but hedge funds and other “shadow banks” borrow to finance their trades. Under the Federal Reserve Act, the central bank’s lending window is open only to licensed depository banks; but the Fed is now […]
WASHINGTON — The Trump administration is pushing for the creation of an $8 billion loan fund in order to boost weapons sales to foreign allies, according to a summary of the administration’s draft budget for next year, which was made public on March 11. The loan program was first pitched in the early days of the administration but failed to gain support from Congress.
The Program has been kept afloat from ‘loans’ from the Treasury, which means it will never be paid back except by citizens in the form of higher taxes and inflation. [...]
Nina Kouprianova is an independent analyst of geopolitics and culture. She earned her PhD (History) from the University of Toronto, focusing on modern and contemporary Russia, culture, and U.S. foreign policy. In this interview we discuss her translations and articles found at Espionage History Archive, Soul of the East and on her own blog, NinaByzantina. Critical of the leftist tyranny in modern academia, Nina tells us about her experiences in the West, as well as her upbringing in Russia.
