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Marco SabaAt least, if you mean nothing please stop to write nonsense in this useful blog. Else, sign your nonsense with you real name for all to see....

October 2015

RJBecause it means nothing. People with "credentials" write complete rubbish. Esp regarding money and banking.And other hide behind their credentials. To give them an undeserved status....

October 2015

Marco SabaWhy you are so scared to tell the public your credentials ?...

October 2015
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Frankenstein’s bankers – the tale every taxpayer should know (Open Democracy)

It is now 5 years since the banking crash but its effects are still with us. What exactly happened, what has the world done about it, and is there anything to stop something similar happening again?, asks Open Democracy in a really good and well referenced article on the lack of understanding of money and banking by mainstream economists.

Kellys_EyeI was under the impression that it was illegal for a bank to lend money from it's own capital, certainly it cannot use deposit money from accounts. Many banks like JP Morgan and other large corporations are claimed to be running fractional reserve at a 50-1 ratio rather than the theoretical 10-1 ba...

June 2013

FridrizAnd yet there can not be a democracy when money can buy anything or anyone....

June 2013

vinceYes it raises some crucial points too.I think many across the globe are starting to wise up about how our banks have tremendously powerful positions of privilege.Our money supplies are a basically privatised,we the people can do this on our own behalf and use the profits therein for the benefit of ...

June 2013
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Daniel Rounding IpswichI'm surprised and aghast that interest isn't mentioned here. Why? The injurious history of it as a concept is surely self evident now. Why else does money stimulate the fear of lack in each of us, manifesting as greed, avarice?Coupled with the illusory perception that money is a store of value, beca...

May 2013

João GranchinhoYou're right John, it looks like it was written by a politician, full of keywords but vague."There should be no bank in the system which is too big to fail, so the taxpayer is not underwriting their costs with an implicit subsidy."Even though everyone should agree with this, is the issue here the si...

May 2013

PhyllissSteinWhere's the paragraph stating that commercial banks can no longer control our money supply by creating credit?...

May 2013
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