Federal Reserve

Food Cuts Show Women Bear Brunt of Deepening Economic Crisis

April 27, 2023 UNAC Editor Abuses of Empire, Human Rights, Oppression of Women, Poverty, Socialism, US Government Action

by Monica Moorehead, published on Workers World, March 16, 2023 No matter how large or small, no class struggle can be put into its social context without understanding the current global capitalist economic crisis. Neoliberal policies flow from long-term and short-term fluctuations within the capitalist system, which no ruling class can ultimately control. There used to be periods of ebbs[…]

A Monetary Reset Where the Rich Don’t Own Everything

May 4, 2022 UNAC Editor Austerity, Capitalism, Economic Collapse, International Aid and Debt

by Ellen Brown, published on Scheerpost, May 4, 2022 In ancient Mesopotamia, it was called a Jubilee. When debts at interest grew too high to be repaid, the slate was wiped clean. Debts were forgiven, the debtors’ prisons were opened, and the serfs returned to work their plots of land. This could be done because the king was the representative[…]

Crushing the States, Saving the Banks: The Fed’s Generous New Rules

May 15, 2020 UNAC Editor Austerity, Economics, US Politics

by Ellen Brown, published on Common Dreams, May 3, 2020 Congress seems to be at war with the states. Only $150 billion of its nearly $3 trillion coronavirus relief package – a mere 5% – has been allocated to the 50 states; and they are not allowed to use it where they need it most, to plug the holes in[…]