Author: Counter Punch Mike Whitney

Monetary Imperialism

Monetary Imperialism by Michael Hudson – Counter Punch In theory, the global financial system is supposed to help every country gain. Mainstream teaching of international finance, trade and “foreign aid” (defined simply as any government credit) depicts an almost utopian...

The Biggest Heist in Human History

The Biggest Heist in Human History

by Mike Whitney Here’s your economics quiz for the day: Question 1– What do you think would happen if you put $3 trillion into the financial system? a–Stock prices would rise b–Stock prices would fall c–Stock prices would stay the same Question 2–...