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debt

Articles

A Rising Tide Lifts All Yachts

December 2, 2022

Surprise, surprise… Over the past three decades almost all the gains from economic growth in …

Other Covid-19 Articles

The New Federal Reserve as Garbage Can for All Capitalist Debt

March 24, 2020

Yesterday, the Federal Reserve announced it will provide unlimited credit–and assume the bad debts, not just of banks, but for what it called ‘Main St.’ But by ‘Main St.’ it doesn’t mean consumers or households …

Articles

Student Debt: You Are Not a Loan

October 1, 2013

From early on, we are taught that education is a ticket to a better future. …

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