Study Strongly Supports Public Banking To Finance Infrastructure

In honor of the Bank of North Dakota’s centennial anniversary, here is an excellent academic report from Cornell University that includes a detailed case study of BND’s 2015 Infrastructure Loan Fund. The report examines the “unique benefits of public banksand explores strategies ... Read more

Offshore Finance: How Capital Rules The World

Offshore finance is not solely about capital moving beyond the reach of states, but involves the rampant unbundling and commercialization of state sovereignty itself. Offshore jurisdictions effectively cultivate two parallel legal regimes. On the one hand, we have the standard regulated and taxed ... Read more

Do Financial Markets Still Exist?

No one should find this a surprising suggestion. The Bank of Japan has a long tradition of propping up the Japanese equity market with large purchases of equities. The European Central Bank purchases corporate as well as government bonds. In 1989 Fed governor Robert Heller said that as the Fed already rigs the ... Read more

The Real Causes Of Deficits And The US Debt

Above Photo: A general view of the Capitol Dome in Washington, D.C. | Photo: Reuters Google is blocking our site. Please use the social media sharing buttons (upper left) to share this on your social media and help us break through. Whatever financing issues exist for social security, Medicare, ... Read more