This article was originally published on the Clint Ballinger’s website on 25th December 2012 as a reaction to the previous post on Post …
Archives for January 2013
The Killing of a South London Hospital
In the UK, as seen more broadly in Europe, there are a series of severe austerity measures being debated and brought into force. If one puts …
Financial Times: Pre-school lessons for the bankers
Banks, and other financial services companies, may be allowed into UK schools to help teach personal finance, under proposals put forward by …
Some Thoughts on QE
As Ben Dyson notes in his submission to the Treasury Committee on QE, Mervyn King is rather vague about exactly how the QE money enters into …
How much money can banks create? (New video)
The 4th part of the BANKING 101 Video Course is out now! What does actually limit the ability of banks to increase the money supply? Reserve …
How banks create and destroy money – A guide to the Eurozone monetary system
This publication by Sensible Money demonstrates the accountancy procedures by which banks create and destroy the vast majority of the …
Irish Times: Every euro minted in the European economy comes into being as a debt
’’Every euro minted in the European economy comes into being as a debt’’, reads Irish Times in the article "The fiscal cliff is a harbinger …
Collapse of UK debt-ridden social system only matter of time
Here's one perspective on the financial crisis and monetary system from MP Steve Baker. In the interview for the global news network Russia …
Submission to Treasury Committee on QE
Ben Dyson has made a Submission to the Treasury Commission on their call for further evidence on the effectiveness of Quantitative Easing …