“The rate of interest acts as a link between income-value and capital-value.”
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Sharia has become an increasingly significant force in American capitalism, thanks to the embrace by Wall Street and the U.S. government of so-called Sharia-Compliant Finance. Indeed, this country's taxpayers now own the largest purveyor of sharia-compliant insurance products in the world: AIG.
We'll have a public power authority, which will also have the ability to build power or finance power. And more importantly, we'll have more power than our economy provides. All of that will give us leverage we don't have today.
But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries.
It's very difficult to break into motion pictures, but it's oddly easier for directors today because of independent films and cable, who have inherited for the most part those films of substance that the studios are reluctant to finance.
