Richard Vague

Richard Vague is Secretary of Banking and Securities for the Commonwealth of Pennsylvania. Prior to his 2020 appointment, he was managing partner of Gabriel Investments. Previously, he was co-founder, chairman and CEO of Energy Plus, an electricity and natural gas company. Vague was also co-founder and CEO of two banks and founder of the economic data service Tychos. He currently chairs The Governor’s Woods Foundation, a nonprofit philanthropic organization. His new book is The Case for a Debt Jubilee (Polity Press, Nov. 22, 2021). Learn more at richardvague.com.

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How Government Spending In Response To The Pandemic Affected The Overall Economy – And What Happens Now

During the darkest hours of the global coronavirus pandemic, the US government spent $3 trillion to help rescue the country’s … Read more

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The Federal Reserve Keeps Hiking Interest Rates. Is It Helping?

The Federal Reserve has now increased interest rates by 4.25 percent since March of 2022 after holding them well below … Read more

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How Debt Forgiveness Can Avoid A Recession

In many of the most prominent ancient civilizations, including ancient Babylon, Egypt, Sparta, China, and others, excessive household debt was … Read more

Healthcare Debt Crisis

Treatment For The American Healthcare Debt Crisis

Healthcare debt has become a burden and a scourge for many American families and a sensible healthcare debt proposal that … Read more

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Will The U.S. Remain The World’s Largest Economy Against A Burgeoning China?

The United States has been the world’s largest economy with commensurate business dominance since the late 1800s, and its foreign … Read more