The World Economic Forum and its related institutions in combination with a handful of governments and a few high-tech companies want to lead the world into a new era without property or privacy.
Although many central bankers have claimed the central banks are instrumental in ushering in a more green economy, a closer look suggests the opposite is true.
The so-called CLEAN Future Act is as poorly designed as its acronym. Like the Green New Deal, it consists of radical new spending proposals that the bill’s supporters would have liked for other reasons, and which aren’t even compatible.
While the legislation introduced in the US Congress remains fiction under a Republican executive and senate, the Brussels initiative will become law unless there is considerable opposition from EU member states.
Hunter-gatherer societies stripped the local environment of resources and then moved on to another place. There was nothing environmentally responsible about this sort of economy, in spite of modern efforts to portray prehistoric humans as tree huggers.
Easy-money policies pushed by central banks may be redirecting wealth away from investment, and toward greater production and consumption of cheap consumer goods. That's not "green."