Below is Steve Keen's latest talk, given at the INET (Institute for New Economic Thinking) conference in Germany over this last …
Archives for April 2012
New Documentary Features Interviews with Positive Money
97% Owned investigates behind the scenes of the ever changing financial system, to uncover how the monetary system provides the …
Quantitative Easing – Transfer of Wealth from the 'Poor' to the Wealthy?
There is considerable doubt that QE (Quantitative Easing) is achieving what has been claimed and evidence that it is actually doing …
Outstanding Personal Debt £1.457 trillion
Outstanding personal debt stood at £1.457 trillion at the end of February 2012, according to the recent UK Debt Statistics. The …
Aljazeera: Debt-free Money May Well Be the Solution
What's all the fuzz about money?, asks Aljazeera in its article on 5th April Debt-free money may well be the solution to restoring a …
Bank of England: Creating Money Gives you "Value for Nothing"
Here's a quote from Paul Fisher (Executive Director of the BoE and member of the MPC) broadcast on Sunday (in a programme called …
Mainstream economist discovers that banks create money (Krugman vs. Keen continued)
If you don’t realise something is broken, how do you know you need to fix it? One of the major problems monetary reformers face is that by …
Krugman vs. People Who Understand How Banks Work
The problem with most (neo-classical) economists isn't that they aren't smart people (in fact some of them are ridiculously clever); …
Greek Hospital Workers Understand the Core of the Debt Problem
[sws_blockquote_endquote align="" cite="" quotestyle="style02" link=""] The debts are created by bankers who create money out of …