home.social

#banks — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #banks, aggregated by home.social.

  1. 21 Banks Plan Joint Dollar Stablecoin for Early 2027

    Goldman Sachs, Bank of America and Citi are among 21 institutions forming a company to issue a dollar stablecoin in the first half of 2027.

    pulseofnations.lol/21-banks-pl

    #BankOfAmerica #Banks #GeniusAct #GoldmanSachs #Mica #Payments #Stablecoins

  2. America Sanctions Major Russian Bank for Aiding Iran’s Sanctions Evasion

    VTB Bank, one of the major financial institutions of Russia, has officially been sanctioned by the United States for assisting the Islamic terrorist regime of Iran evade sanctions, according to the US State Department’s official announcement.

    To put things in perspective, posted below is the whole announcement of the State Department. Some parts in boldface…

    The United States sanctioned VTB Bank, one of Russia’s largest financial institutions, for helping Iran evade sanctions and sustain its support for terrorism. VTB Bank opened offices in Iran, built banking ties with sanctioned Iranian financial institutions, and worked to move billions of dollars in Iranian assets.

    The United States remains steadfast in cutting off the financial lifelines that allow the Iranian regime to fund terrorism, destabilize the region, and threaten U.S. economic security.

    Today’s action sends a clear message to governments and financial institutions considering similar arrangements: any effort to help Iran evade sanctions will carry serious consequences, including exposure to U.S. financial restrictions.

    The United States will continue to use every diplomatic and economic tool at its disposal to isolate the Iranian regime. We urge the international community to join this effort to sever the financial lifelines of a regime that threatens peace and security.

    Let me end this piece by asking you readers: What is your reaction to this development? Do you think this latest move by the United States will convince more members of the international community to join in the effort to cut the financial lifelines of the Islamic terrorist state Iran? Do you think VTB Bank has a lot of financial ties with your local business community?

    You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

    +++++

    Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

    #America #AmericaFirst #Ayatollah #banking #banks #business #businessConfidence #businessNews #CarloCarrasco #ChatGPT #Communist #DepartmentOfState #diversity #DonaldJTrump #DonaldTrump #evilOfIran #Facebook #Fediverse #finance #geek #geopolitics #Google #GoogleSearch #identityPolitics #Inclusion #Instagram #Instapundit #Investagrams #Iran #Islam #IslamicTerrorism #IslamicTerroristRegimeOfIran #IslamicTerrorists #Islamist #IslamoLeft #MAGA #MakeAmericaGreatAgain #MakeAmericaGreatAgainMAGA #Marxist #Mastodon #money #politics #PresidentTrump #Republicans #Russia #socialMedia #socialist #StateDepartment #technology #terrorism #terroristStateOfIran #terrorists #Trump #TrumpSAmerica #Tumblr #Twitter #UnitedStates #UnitedStatesOfAmerica #UnitedStatesOfAmericaUSA #USDepartmentOfState #USStateDepartment #VTBBank #woke #WordPress #WordPressCom
  3. America Sanctions Major Russian Bank for Aiding Iran’s Sanctions Evasion

    VTB Bank, one of the major financial institutions of Russia, has officially been sanctioned by the United States for assisting the Islamic terrorist regime of Iran evade sanctions, according to the US State Department’s official announcement.

    To put things in perspective, posted below is the whole announcement of the State Department. Some parts in boldface…

    The United States sanctioned VTB Bank, one of Russia’s largest financial institutions, for helping Iran evade sanctions and sustain its support for terrorism. VTB Bank opened offices in Iran, built banking ties with sanctioned Iranian financial institutions, and worked to move billions of dollars in Iranian assets.

    The United States remains steadfast in cutting off the financial lifelines that allow the Iranian regime to fund terrorism, destabilize the region, and threaten U.S. economic security.

    Today’s action sends a clear message to governments and financial institutions considering similar arrangements: any effort to help Iran evade sanctions will carry serious consequences, including exposure to U.S. financial restrictions.

    The United States will continue to use every diplomatic and economic tool at its disposal to isolate the Iranian regime. We urge the international community to join this effort to sever the financial lifelines of a regime that threatens peace and security.

    Let me end this piece by asking you readers: What is your reaction to this development? Do you think this latest move by the United States will convince more members of the international community to join in the effort to cut the financial lifelines of the Islamic terrorist state Iran? Do you think VTB Bank has a lot of financial ties with your local business community?

    You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

    +++++

    Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

    #America #AmericaFirst #Ayatollah #banking #banks #business #businessConfidence #businessNews #CarloCarrasco #ChatGPT #Communist #DepartmentOfState #diversity #DonaldJTrump #DonaldTrump #evilOfIran #Facebook #Fediverse #finance #geek #geopolitics #Google #GoogleSearch #identityPolitics #Inclusion #Instagram #Instapundit #Investagrams #Iran #Islam #IslamicTerrorism #IslamicTerroristRegimeOfIran #IslamicTerrorists #Islamist #IslamoLeft #MAGA #MakeAmericaGreatAgain #MakeAmericaGreatAgainMAGA #Marxist #Mastodon #money #politics #PresidentTrump #Republicans #Russia #socialMedia #socialist #StateDepartment #technology #terrorism #terroristStateOfIran #terrorists #Trump #TrumpSAmerica #Tumblr #Twitter #UnitedStates #UnitedStatesOfAmerica #UnitedStatesOfAmericaUSA #USDepartmentOfState #USStateDepartment #VTBBank #woke #WordPress #WordPressCom
  4. America Sanctions Major Russian Bank for Aiding Iran’s Sanctions Evasion

    VTB Bank, one of the major financial institutions of Russia, has officially been sanctioned by the United States for assisting the Islamic terrorist regime of Iran evade sanctions, according to the US State Department’s official announcement.

    To put things in perspective, posted below is the whole announcement of the State Department. Some parts in boldface…

    The United States sanctioned VTB Bank, one of Russia’s largest financial institutions, for helping Iran evade sanctions and sustain its support for terrorism. VTB Bank opened offices in Iran, built banking ties with sanctioned Iranian financial institutions, and worked to move billions of dollars in Iranian assets.

    The United States remains steadfast in cutting off the financial lifelines that allow the Iranian regime to fund terrorism, destabilize the region, and threaten U.S. economic security.

    Today’s action sends a clear message to governments and financial institutions considering similar arrangements: any effort to help Iran evade sanctions will carry serious consequences, including exposure to U.S. financial restrictions.

    The United States will continue to use every diplomatic and economic tool at its disposal to isolate the Iranian regime. We urge the international community to join this effort to sever the financial lifelines of a regime that threatens peace and security.

    Let me end this piece by asking you readers: What is your reaction to this development? Do you think this latest move by the United States will convince more members of the international community to join in the effort to cut the financial lifelines of the Islamic terrorist state Iran? Do you think VTB Bank has a lot of financial ties with your local business community?

    You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

    +++++

    Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

    #America #AmericaFirst #Ayatollah #banking #banks #business #businessConfidence #businessNews #CarloCarrasco #ChatGPT #Communist #DepartmentOfState #diversity #DonaldJTrump #DonaldTrump #evilOfIran #Facebook #Fediverse #finance #geek #geopolitics #Google #GoogleSearch #identityPolitics #Inclusion #Instagram #Instapundit #Investagrams #Iran #Islam #IslamicTerrorism #IslamicTerroristRegimeOfIran #IslamicTerrorists #Islamist #IslamoLeft #MAGA #MakeAmericaGreatAgain #MakeAmericaGreatAgainMAGA #Marxist #Mastodon #money #politics #PresidentTrump #Republicans #Russia #socialMedia #socialist #StateDepartment #technology #terrorism #terroristStateOfIran #terrorists #Trump #TrumpSAmerica #Tumblr #Twitter #UnitedStates #UnitedStatesOfAmerica #UnitedStatesOfAmericaUSA #USDepartmentOfState #USStateDepartment #VTBBank #woke #WordPress #WordPressCom
  5. With a rate increase expected this week, attention has turned to the Bank of Japan's outlook and mood as the U.S. turns up the heat and the yen's prospects remain uncertain. japantimes.co.jp/business/2026 #business #markets #boj #yen #inflation #japaneseeconomy #banks #ai

  6. Matter (2008) di Iain M. Banks, colpevolmente rimasto a lungo inedito in Italia, è stato il primo romanzo del Ciclo della Cultura scritto dall'autore dopo Volgi lo sguardo al vento (Look to Windward, 2000). Banks definì...
    facebook.com/tizianocaviglia/p
    #fantascienza #libri #Banks @cultura

  7. Japanese megabanks are wooing small and midsize enterprises with an eye on tapping their funding demand and expand earnings amid the Bank of Japan's policy-tightening cycle. japantimes.co.jp/business/2026 #business #companies #banks #sumitomomitsui #mizuho #ai #boj

  8. Japanese megabanks are wooing small and midsize enterprises with an eye on tapping their funding demand and expand earnings amid the Bank of Japan's policy-tightening cycle. japantimes.co.jp/business/2026 #business #companies #banks #sumitomomitsui #mizuho #ai #boj

  9. Mizuho Securities' first female wealth management head is targeting sixfold growth in her firm's asset advisory business, as she joins a still short list of leading women in Japan's financial sector. japantimes.co.jp/business/2026 #business #companies #banks #mizuho #women039sissues

  10. However, we need to figure out #Batteries that don't involve #Lithium (or reuse lithium), and also #GreenTechnology that is TRULY green -- ideally from recycled or common place materials, that can be repaired, and that can be recycled/reused once its useful life is over...

    #ClimateSolutions most likely to reach ‘positive tipping points’ revealed by scientists

    Global shift towards clean electricity could trigger ‘cascade’ of progress, helping reduce air pollution, cut waste and revive oceans

    Matthew Pearce
    Thu 10 Sep 2026

    Excerpt: "The report, produced by the University of Exeter with the Earthshot prize, applies tipping point science to 51 priority areas across five environmental goals: protecting nature, cleaning the air, reviving oceans, eliminating waste and tackling the climate crisis.

    "Smith said positive tipping points could be understood as the beneficial counterpart to dangerous climate thresholds, such as the collapse of ice sheets or the death of coral reefs.

    " 'Tipping points can also work in our favour,' he said. The rapid growth of solar power, wind power and electric vehicles, as well as the recovery of some natural systems, showed beneficial change could accelerate after reaching a critical threshold.

    "However, the transition to clean power is being impeded by slow planning and grid expansion, particularly in wealthier economies, and a severe lack of investment elsewhere. Africa receives less than 2% of global clean energy investment despite possessing 60% of the world’s best solar resources, according to the report.

    "Research cited in the analysis suggests coordinated policies supporting clean power, transport and heating could bring forward tipping points in those sectors by between two and eight years. Progress in one sector makes the others easier by increasing demand for clean electricity, encouraging investment and driving costs down further.

    "Transforming global commodity supply chains is identified as another high-impact intervention. A relatively small number of #companies, #banks and regulators control trade in commodities including #beef, #soy, #PalmOil, #timber, #cocoa and #coffee, which together drive much of the world’s tropical #deforestation."

    Read more:
    theguardian.com/environment/20?

    Archived version:
    archive.ph/hMMv4

    #SolarPunkSunday #NewTechnology #Capitalism #RenewablesNow #PostOil #PostCapitalism #Earth4All

  11. However, we need to figure out #Batteries that don't involve #Lithium (or reuse lithium), and also #GreenTechnology that is TRULY green -- ideally from recycled or common place materials, that can be repaired, and that can be recycled/reused once its useful life is over...

    #ClimateSolutions most likely to reach ‘positive tipping points’ revealed by scientists

    Global shift towards clean electricity could trigger ‘cascade’ of progress, helping reduce air pollution, cut waste and revive oceans

    Matthew Pearce
    Thu 10 Sep 2026

    Excerpt: "The report, produced by the University of Exeter with the Earthshot prize, applies tipping point science to 51 priority areas across five environmental goals: protecting nature, cleaning the air, reviving oceans, eliminating waste and tackling the climate crisis.

    "Smith said positive tipping points could be understood as the beneficial counterpart to dangerous climate thresholds, such as the collapse of ice sheets or the death of coral reefs.

    " 'Tipping points can also work in our favour,' he said. The rapid growth of solar power, wind power and electric vehicles, as well as the recovery of some natural systems, showed beneficial change could accelerate after reaching a critical threshold.

    "However, the transition to clean power is being impeded by slow planning and grid expansion, particularly in wealthier economies, and a severe lack of investment elsewhere. Africa receives less than 2% of global clean energy investment despite possessing 60% of the world’s best solar resources, according to the report.

    "Research cited in the analysis suggests coordinated policies supporting clean power, transport and heating could bring forward tipping points in those sectors by between two and eight years. Progress in one sector makes the others easier by increasing demand for clean electricity, encouraging investment and driving costs down further.

    "Transforming global commodity supply chains is identified as another high-impact intervention. A relatively small number of #companies, #banks and regulators control trade in commodities including #beef, #soy, #PalmOil, #timber, #cocoa and #coffee, which together drive much of the world’s tropical #deforestation."

    Read more:
    theguardian.com/environment/20?

    Archived version:
    archive.ph/hMMv4

    #SolarPunkSunday #NewTechnology #Capitalism #RenewablesNow #PostOil #PostCapitalism #Earth4All

  12. However, we need to figure out #Batteries that don't involve #Lithium (or reuse lithium), and also #GreenTechnology that is TRULY green -- ideally from recycled or common place materials, that can be repaired, and that can be recycled/reused once its useful life is over...

    #ClimateSolutions most likely to reach ‘positive tipping points’ revealed by scientists

    Global shift towards clean electricity could trigger ‘cascade’ of progress, helping reduce air pollution, cut waste and revive oceans

    Matthew Pearce
    Thu 10 Sep 2026

    Excerpt: "The report, produced by the University of Exeter with the Earthshot prize, applies tipping point science to 51 priority areas across five environmental goals: protecting nature, cleaning the air, reviving oceans, eliminating waste and tackling the climate crisis.

    "Smith said positive tipping points could be understood as the beneficial counterpart to dangerous climate thresholds, such as the collapse of ice sheets or the death of coral reefs.

    " 'Tipping points can also work in our favour,' he said. The rapid growth of solar power, wind power and electric vehicles, as well as the recovery of some natural systems, showed beneficial change could accelerate after reaching a critical threshold.

    "However, the transition to clean power is being impeded by slow planning and grid expansion, particularly in wealthier economies, and a severe lack of investment elsewhere. Africa receives less than 2% of global clean energy investment despite possessing 60% of the world’s best solar resources, according to the report.

    "Research cited in the analysis suggests coordinated policies supporting clean power, transport and heating could bring forward tipping points in those sectors by between two and eight years. Progress in one sector makes the others easier by increasing demand for clean electricity, encouraging investment and driving costs down further.

    "Transforming global commodity supply chains is identified as another high-impact intervention. A relatively small number of #companies, #banks and regulators control trade in commodities including #beef, #soy, #PalmOil, #timber, #cocoa and #coffee, which together drive much of the world’s tropical #deforestation."

    Read more:
    theguardian.com/environment/20?

    Archived version:
    archive.ph/hMMv4

    #SolarPunkSunday #NewTechnology #Capitalism #RenewablesNow #PostOil #PostCapitalism #Earth4All

  13. However, we need to figure out #Batteries that don't involve #Lithium (or reuse lithium), and also #GreenTechnology that is TRULY green -- ideally from recycled or common place materials, that can be repaired, and that can be recycled/reused once its useful life is over...

    #ClimateSolutions most likely to reach ‘positive tipping points’ revealed by scientists

    Global shift towards clean electricity could trigger ‘cascade’ of progress, helping reduce air pollution, cut waste and revive oceans

    Matthew Pearce
    Thu 10 Sep 2026

    Excerpt: "The report, produced by the University of Exeter with the Earthshot prize, applies tipping point science to 51 priority areas across five environmental goals: protecting nature, cleaning the air, reviving oceans, eliminating waste and tackling the climate crisis.

    "Smith said positive tipping points could be understood as the beneficial counterpart to dangerous climate thresholds, such as the collapse of ice sheets or the death of coral reefs.

    " 'Tipping points can also work in our favour,' he said. The rapid growth of solar power, wind power and electric vehicles, as well as the recovery of some natural systems, showed beneficial change could accelerate after reaching a critical threshold.

    "However, the transition to clean power is being impeded by slow planning and grid expansion, particularly in wealthier economies, and a severe lack of investment elsewhere. Africa receives less than 2% of global clean energy investment despite possessing 60% of the world’s best solar resources, according to the report.

    "Research cited in the analysis suggests coordinated policies supporting clean power, transport and heating could bring forward tipping points in those sectors by between two and eight years. Progress in one sector makes the others easier by increasing demand for clean electricity, encouraging investment and driving costs down further.

    "Transforming global commodity supply chains is identified as another high-impact intervention. A relatively small number of #companies, #banks and regulators control trade in commodities including #beef, #soy, #PalmOil, #timber, #cocoa and #coffee, which together drive much of the world’s tropical #deforestation."

    Read more:
    theguardian.com/environment/20?

    Archived version:
    archive.ph/hMMv4

    #SolarPunkSunday #NewTechnology #Capitalism #RenewablesNow #PostOil #PostCapitalism #Earth4All

  14. However, we need to figure out #Batteries that don't involve #Lithium (or reuse lithium), and also #GreenTechnology that is TRULY green -- ideally from recycled or common place materials, that can be repaired, and that can be recycled/reused once its useful life is over...

    #ClimateSolutions most likely to reach ‘positive tipping points’ revealed by scientists

    Global shift towards clean electricity could trigger ‘cascade’ of progress, helping reduce air pollution, cut waste and revive oceans

    Matthew Pearce
    Thu 10 Sep 2026

    Excerpt: "The report, produced by the University of Exeter with the Earthshot prize, applies tipping point science to 51 priority areas across five environmental goals: protecting nature, cleaning the air, reviving oceans, eliminating waste and tackling the climate crisis.

    "Smith said positive tipping points could be understood as the beneficial counterpart to dangerous climate thresholds, such as the collapse of ice sheets or the death of coral reefs.

    " 'Tipping points can also work in our favour,' he said. The rapid growth of solar power, wind power and electric vehicles, as well as the recovery of some natural systems, showed beneficial change could accelerate after reaching a critical threshold.

    "However, the transition to clean power is being impeded by slow planning and grid expansion, particularly in wealthier economies, and a severe lack of investment elsewhere. Africa receives less than 2% of global clean energy investment despite possessing 60% of the world’s best solar resources, according to the report.

    "Research cited in the analysis suggests coordinated policies supporting clean power, transport and heating could bring forward tipping points in those sectors by between two and eight years. Progress in one sector makes the others easier by increasing demand for clean electricity, encouraging investment and driving costs down further.

    "Transforming global commodity supply chains is identified as another high-impact intervention. A relatively small number of #companies, #banks and regulators control trade in commodities including #beef, #soy, #PalmOil, #timber, #cocoa and #coffee, which together drive much of the world’s tropical #deforestation."

    Read more:
    theguardian.com/environment/20?

    Archived version:
    archive.ph/hMMv4

    #SolarPunkSunday #NewTechnology #Capitalism #RenewablesNow #PostOil #PostCapitalism #Earth4All

  15. keenlens.substack.com/p/the-ba

    'I see everyday #politicians repeat like parrots #economic propositions they don't even start to understand, defending a model that a central #bank admitted was wrong over twelve years ago. ... The #Greens propose actual structural change and get labelled "communist" by people who have never read a balance sheet or a #Lenin text. The heterodox approach #predicted #2008, predicted the #housing #crisis, and predicted the current private #debt trap. The orthodox models predicted none of it ...'

    'The orthodox model was declared wrong by the Bank of #England in 2014. Their paper “#Money Creation in the Modern Economy” stated plainly: #banks do not lend out deposited #reserves in a multiplier chain. Banks create #deposits when they make #loans ...'

    (NZ's Social Credit Party got a Court to agree five decades earlier.)

    'The consequences are not theoretical or academic. When you worship the wrong model, you can’t do anything else than design the wrong #policy. You pretend not to see the #monopoly extracting over 6 billions from a #mortgage market they control 87% of. You don’t see that raising rates shift #income from #borrowers to banks and does not touch the supply of housing stock. You end up believing the #household metaphor is literal — that the Crown pockets are empty — when #NZ’s #Crown debt is 44% of #GDP...'

    (The OECD average is about twice that.)

    '... #Galileo was almost burned at stake for simply asking the #Inquisition #judges to look in the telescope. Same old, same old.'
    '.....
    'Gentlemen, it is clear cut #class #warfare, and the #vested interests are so encrusted in #society that they are winning. Remember that their main weakness is in numbers, they are damaging and literally #robbing the majority of us, of the New Zealand society and brainwashing many trees to think that voting for the axe is the #prudent, #family sensible thing to do. The only chance you have is when numbers talk. The #election is coming...'

  16. keenlens.substack.com/p/the-ba

    'I see everyday #politicians repeat like parrots #economic propositions they don't even start to understand, defending a model that a central #bank admitted was wrong over twelve years ago. ... The #Greens propose actual structural change and get labelled "communist" by people who have never read a balance sheet or a #Lenin text. The heterodox approach #predicted #2008, predicted the #housing #crisis, and predicted the current private #debt trap. The orthodox models predicted none of it ...'

    'The orthodox model was declared wrong by the Bank of #England in 2014. Their paper “#Money Creation in the Modern Economy” stated plainly: #banks do not lend out deposited #reserves in a multiplier chain. Banks create #deposits when they make #loans ...'

    (NZ's Social Credit Party got a Court to agree five decades earlier.)

    'The consequences are not theoretical or academic. When you worship the wrong model, you can’t do anything else than design the wrong #policy. You pretend not to see the #monopoly extracting over 6 billions from a #mortgage market they control 87% of. You don’t see that raising rates shift #income from #borrowers to banks and does not touch the supply of housing stock. You end up believing the #household metaphor is literal — that the Crown pockets are empty — when #NZ’s #Crown debt is 44% of #GDP...'

    (The OECD average is about twice that.)

    '... #Galileo was almost burned at stake for simply asking the #Inquisition #judges to look in the telescope. Same old, same old.'
    '.....
    'Gentlemen, it is clear cut #class #warfare, and the #vested interests are so encrusted in #society that they are winning. Remember that their main weakness is in numbers, they are damaging and literally #robbing the majority of us, of the New Zealand society and brainwashing many trees to think that voting for the axe is the #prudent, #family sensible thing to do. The only chance you have is when numbers talk. The #election is coming...'

  17. keenlens.substack.com/p/the-ba

    'I see everyday #politicians repeat like parrots #economic propositions they don't even start to understand, defending a model that a central #bank admitted was wrong over twelve years ago. ... The #Greens propose actual structural change and get labelled "communist" by people who have never read a balance sheet or a #Lenin text. The heterodox approach #predicted #2008, predicted the #housing #crisis, and predicted the current private #debt trap. The orthodox models predicted none of it ...'

    'The orthodox model was declared wrong by the Bank of #England in 2014. Their paper “#Money Creation in the Modern Economy” stated plainly: #banks do not lend out deposited #reserves in a multiplier chain. Banks create #deposits when they make #loans ...'

    (NZ's Social Credit Party got a Court to agree five decades earlier.)

    'The consequences are not theoretical or academic. When you worship the wrong model, you can’t do anything else than design the wrong #policy. You pretend not to see the #monopoly extracting over 6 billions from a #mortgage market they control 87% of. You don’t see that raising rates shift #income from #borrowers to banks and does not touch the supply of housing stock. You end up believing the #household metaphor is literal — that the Crown pockets are empty — when #NZ’s #Crown debt is 44% of #GDP...'

    (The OECD average is about twice that.)

    '... #Galileo was almost burned at stake for simply asking the #Inquisition #judges to look in the telescope. Same old, same old.'
    '.....
    'Gentlemen, it is clear cut #class #warfare, and the #vested interests are so encrusted in #society that they are winning. Remember that their main weakness is in numbers, they are damaging and literally #robbing the majority of us, of the New Zealand society and brainwashing many trees to think that voting for the axe is the #prudent, #family sensible thing to do. The only chance you have is when numbers talk. The #election is coming...'

  18. keenlens.substack.com/p/the-ba

    'I see everyday #politicians repeat like parrots #economic propositions they don't even start to understand, defending a model that a central #bank admitted was wrong over twelve years ago. ... The #Greens propose actual structural change and get labelled "communist" by people who have never read a balance sheet or a #Lenin text. The heterodox approach #predicted #2008, predicted the #housing #crisis, and predicted the current private #debt trap. The orthodox models predicted none of it ...'

    'The orthodox model was declared wrong by the Bank of #England in 2014. Their paper “#Money Creation in the Modern Economy” stated plainly: #banks do not lend out deposited #reserves in a multiplier chain. Banks create #deposits when they make #loans ...'

    (NZ's Social Credit Party got a Court to agree five decades earlier.)

    'The consequences are not theoretical or academic. When you worship the wrong model, you can’t do anything else than design the wrong #policy. You pretend not to see the #monopoly extracting over 6 billions from a #mortgage market they control 87% of. You don’t see that raising rates shift #income from #borrowers to banks and does not touch the supply of housing stock. You end up believing the #household metaphor is literal — that the Crown pockets are empty — when #NZ’s #Crown debt is 44% of #GDP...'

    (The OECD average is about twice that.)

    '... #Galileo was almost burned at stake for simply asking the #Inquisition #judges to look in the telescope. Same old, same old.'
    '.....
    'Gentlemen, it is clear cut #class #warfare, and the #vested interests are so encrusted in #society that they are winning. Remember that their main weakness is in numbers, they are damaging and literally #robbing the majority of us, of the New Zealand society and brainwashing many trees to think that voting for the axe is the #prudent, #family sensible thing to do. The only chance you have is when numbers talk. The #election is coming...'

  19. keenlens.substack.com/p/the-ba

    'I see everyday #politicians repeat like parrots #economic propositions they don't even start to understand, defending a model that a central #bank admitted was wrong over twelve years ago. ... The #Greens propose actual structural change and get labelled "communist" by people who have never read a balance sheet or a #Lenin text. The heterodox approach #predicted #2008, predicted the #housing #crisis, and predicted the current private #debt trap. The orthodox models predicted none of it ...'

    'The orthodox model was declared wrong by the Bank of #England in 2014. Their paper “#Money Creation in the Modern Economy” stated plainly: #banks do not lend out deposited #reserves in a multiplier chain. Banks create #deposits when they make #loans ...'

    (NZ's Social Credit Party got a Court to agree five decades earlier.)

    'The consequences are not theoretical or academic. When you worship the wrong model, you can’t do anything else than design the wrong #policy. You pretend not to see the #monopoly extracting over 6 billions from a #mortgage market they control 87% of. You don’t see that raising rates shift #income from #borrowers to banks and does not touch the supply of housing stock. You end up believing the #household metaphor is literal — that the Crown pockets are empty — when #NZ’s #Crown debt is 44% of #GDP...'

    (The OECD average is about twice that.)

    '... #Galileo was almost burned at stake for simply asking the #Inquisition #judges to look in the telescope. Same old, same old.'
    '.....
    'Gentlemen, it is clear cut #class #warfare, and the #vested interests are so encrusted in #society that they are winning. Remember that their main weakness is in numbers, they are damaging and literally #robbing the majority of us, of the New Zealand society and brainwashing many trees to think that voting for the axe is the #prudent, #family sensible thing to do. The only chance you have is when numbers talk. The #election is coming...'

  20. in #monopoly #capitalism = modern day #feudalism not #education or #intelligence earns most #money, no whoever owns #assets everyone else is dependant on = #exploitation = will ultimately lead to less #innovation + destruction of #mankind,, #rich vs #poor #inequality growing rapidly = #collapse of #society thank you

    = no matter how #smart #people or #government are or act: will lose game to whoever prints #money and buys + owns the #assets (#bank, #centralbank)

    the #solution: every Dollar or Euro or Pesos invested in your own #INDEPENDENCE from the #financesystem is well invested. #water, #food, #energy, DO IT NOW!

    #taxdodgers like #apple #google #amazon + those that enable it #corrupt #governments #politicians that do nothing #jpmorgan + #centralbanks #bank #banks that do not finance #innovation #usa #china #germany #india #australia #france
    #uk #luxembourg #switzerland #caymanislands #panama #gurnsey #cityoflondon will play this #game to the bitter #fascist end and beyond

  21. #BANKS AND #GOVERNMENT ARE #STEALING RIGHT NOW!

    They are cheating you when your are paying or "bailing out" a private #bank for re-loaning too much money to others or #speculating and #gambling too much.

    Banks and Gov do #bailouts with public money which is basically #subsidising bad people and projects for industrial #destructive things and #pollution to our whole #system.
    🔥 🐝 🔥 🔥 🐝 🔥 🔥 🐝 🔥 🔥 🐝 🔥
    #AltText #Medicare #Shrug #NoMoney #Cheaters #Gov

  22. This is the way #Indian #capitalism work. #Banks write off huge loans by the big #corporates and squeeze small farmers and traders for not able to pay their loans for paltry sums and follow up with harsh loan recovery processes, including the use of loan recovery agents (aka thugs!)
    #economy

  23. This may sound controversial but…

    For suppressed people who value basic #digitalSovereignity, knowing that almost all #banks in #Australia are being man-in-the-middled (#MitMd) by the likes of #Amazon, CloudFlare et al. We propose a weirdly radical solution…

    Start using #cheques.

    Call the bank and ask for a #chequeBook. The current #MitM attackers cannot stop us from paying with a cheque and we can sign with a message of our choosing. *wink

    #censorshipResistance #cloudFlare #stopCAGEMAFIA