Home » Blog » 2017

Archive for 2017

medialAxisIn a functioning economy shouldn't goods get cheaper as time goes by, simply because productivity increases with time? So doesn't that mean that, in functioning economy, there's no real need for increasing wages nor indeed for inflation?...

3 days ago
latest comments - view discussion

Could the Bank of England create money to pay into the economy as a Basic Income?

basic income

In televised debates during the recent general election campaign, several politicians made reference to there being no “magic money tree”. When in fact, there sort of is. This, together with a survey in 2014 that showed that only one in ten MPs know where money comes from, exposes a huge education gap amongst our most powerful elected officials, on one of the most important aspects of our economy: money.

Johan-Paul SchutteIs it not true that the 3-5% Central Bank created money cannot come into circulation, unless exchanged for credit created by commercial Banks? If that is true then 100% of the creation of circulating money depends on money creation by commercial banks?...

18 hours ago

NunoWe don't have a shortage of houses. What happens is that most people can't buy them because they have no money to do it. Therefore these people doesn't really constitute a demand for the existing houses.Now contemplate what would happen to your uncivilized tribe if most of the land had a few owners...

Yesterday

medialAxisThe fact we have a housing shortage (if that is the case) shows that the robots are not keeping up with demand, so there is plenty of work that needs doing - like building houses - only, well only what? There's not enough money? Perhaps it's a lack of land? Can you imagine some uncivilized tribe li...

2 days ago
latest comments - view discussion

David Frederick PrestonI wish I did Jim; nothing can change with the current Government in power & the uncertainty of Brexit hanging around us. If those experts had ever got one forecast in ten correct, or the Governing party actually told the truth about what they planned to do, then it may be possible to put togethe...

2 weeks ago

medialAxisI don't know the answer to your question but, AIUI private individuals don't hold reserve currency and yet QE (which is the 'printing' of reserves, AIUI,) benefits the 1%, yes? As T. May admits....

2 weeks ago

James MurrayGruffydd,I had to look up SDRs or XDRs as their acronyms seem to be.I understand they can only be used by a country and not an individual.I therefore cannot see how they will protect the wealth of the 1% specifically.Can you explain or send a link?Jim Murray...

2 weeks ago
latest comments - view discussion

medialAxisTrue, we now even have paper gold! That is why the likes of bitcoin are so important[1]. Some see the fact bitcoin is not under central control as a flaw but it's not, it's what comes with a decentrailsed system. It can also be seen as a feature, it cannot be controlled by any single entity, only by...

3 weeks ago

Anthony BrowneThe world owes trillions in debt, it can never be repaid and its caused by massive corruption by the criminal banking system, money will soon be worthless, a lot of people think its time to buy physical gold and i agree but the problem with that is the banksters are manipulating that as well....

4 weeks ago

Marco SabaStress testing central banks: Bank of Italy Feels People Shouldn’t Create Their Own Currencies http://www.newsbtc.com/2017......

4 weeks ago
latest comments - view discussion

No Announcement posts

back to top