Pluralistic: Europe takes a big step towards a post-dollar world (11 Feb 2026)

Today's links

Europe takes a big step towards a post-dollar world: Recapturing $24t worth of transactions from Visa/Mastercard.
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Stock swindles: A buyback is not just a dividend by another name.
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Stock buybacks are stock swindles: Raising the value of a stock without raising the value of the company.
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A weekend's worth of links: Short hits for a long weekend.
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The housing emergency and the second Trump term: Weaponized shelter gave us Trump II; can we fix it despite Trumpism?
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Shifting $677m from the banks to the people, every year, forever: The Consumer Finance Protection Bureau is going to let you change banks with a click.
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America's best-paid CEOs have the worst-paid employees: Incentives matter, especially when it comes to stock buybacks.
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Leveraged buyouts are not like mortgages: Corporate raiders and investment banks conspiring to steal companies.
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Fintech bullies stole your kid's lunch money: Taking 60 cents out of every reduced-lunch public school dollar.
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How to screw up a whistleblower law: We want kingpins, not powerless underlings.
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