It has been quite a year.
Archive for 2015
Who are the Prominent Economists Working in the Financial Sector that Advocate a Different Type of QE?
Did you know that there are a number of prominent economists working in the financial sector that are in favour of a different type of QE? Is it surprising that they are in favour of central banks creating new money for the real economy rather than the financial markets?
Earlier this week, we saw the first tentative sign that monetary policy might be heading back to normal. By incrementally raising rates, The Federal Reserve began a long process which, it hopes, will eventually see the US economy wean itself off cheap credit.
In case you haven't heard the big news yet: our sister organisation in Switzerland, MoMo, handed in nearly 112,000 valid signatures for the Sovereign Money Initiative on 1st December, meaning there will be a national referendum on Sovereign Money ('Vollgeld' in German) in Switzerland in the next few years.