Does Sir Mervyn King ever ask himself why that should be so? Seemingly not, because if he had, then the solution would surely be …
Archives for June 2012
Why Create Another Problem When You Already Have One?
The announced £140bn cheap funding for British banks is further confirmation, if that were needed, that current economic recovery is wholly …
"Funding for Lending" – Flogging a Dead Horse with a Different Whip
Since the financial crisis began, nef has called for more effective use of Quantitative Easing (QE) to support the real economy and fund …
Money Should Be Created Debt-Free
Letter in Newcastle Journal, 13th June 2012: Barclays bank must be congratulated for training young people to manage their money …
Positive Money Annual Report
Positive Money annual report is now available. This annual report covers our second full year of activity, from June 2011 to May …
Banking System at the Root of Spanish Crisis
An excellent article written by Lydia Prieg, senior finance researcher at the New Economics Foundation was published on New Left …
Reforming the Banking System for Good
To many, the financial crisis that first reared its head in 2007 came as a shock. Suddenly, and apparently out of nowhere, the global …
The Truth about the Recession – by David Mitchell
You have maybe seen this before, if you haven't, its quite a good analysis …
How to Make Banks Socially Useful (video)
Prof Richard Werner, Director of the Centre for Banking, Finance and Sustainable Development, University of Southampton, author of …