Central bankers are now aggressively playing the stock market. To say they are buying up the planet may be an exaggeration, but they could. They can create money at will, and they have declared their “independence” from government. They have become rogue players in a game of their own.
It’s hard now to believe how things once were. Full-blooded socialism never found a secure place in the British experience, but through the Seventies we had something more than the piecemeal reform of social democracy.
As soon as Imran Khan took charge of the office of Prime Minister he announced a number of cosmetic economic policies
Alcohol consumption is one damaging effect among many that flow from this dominant socio-economic system
The U.S. credit card system siphons off excessive amounts of money from merchants. In a typical $100 credit card purchase, only $97.25 goes to the seller. The rest goes to banks and processors. But who can compete with Visa and MasterCard?