Neighbours are turning against each other, people are blaming migrants for the lack of secure jobs, and hate crime’s on the rise. Our politicians and banks have created a totally unbalanced and dysfunctional economy, and it’s breaking our society.
Archive for May, 2017
The following is a re-post by the expert on Sovereign Money and a member of the Positive Money's Advisory Panel, Professor Joseph Huber. In this piece, Professor Huber responds to the Bundesbank's recent 'Remarks on a 100% reserve requirement for sight deposits'.
The inflation report from 11th May and newly released data provide further evidence that the UK economy is increasingly unbalanced. The Bank of England has warned that wages are stagnating, while everyday prices are rising, leading to a higher cost of living.