The European Central Bank should retool its asset-purchase programme to fund a wave of new infrastructure spending across the continent, …
Financial Crisis, Global Situation
What’s wrong with our financial system? Chief Economics Commentator of Financial Times explains. (Video)
In just 4 minutes Martin Wolf, Chief Economics Commentator of the Financial Times, clearly states point by point what is the problem with …
Global debt reaches $152 trillion – We need an alternative!
Global debt has more than doubled in the last 15 years; and according to the International Monetary Fund (IMF), it’s the highest it’s ever …
IMF: The Truth about Banks
Banks create new money when they lend, which can trigger and amplify financial cycles, reads the article published on the …
What does Brexit mean for monetary reform in the UK?
The UK voted to leave the European Union by 52% to 48%. The referendum is being treated as binding by politicians, so once article 50 of the …
Could fintech companies save us from the instability the banks create?
At school or university, we’re told that money is created by the central bank. But that is not actually the case: the commercial banks are …
Seven ways QE has not worked in the Eurozone
It's been more than one year since the ECB’s Quantitative Easing programme started. Having pumped over €720 billion of central bank money …
BIS Warns of a Global Debt Crisis and a Lack of Policy Response Options: Time to Update the BoE’s Policy Toolkit?
The Bank for International Settlement (BIS) has just warned that the global economy faces a “gathering storm” brought on by too much …
Mervyn King’s “Pawnbroker for All Seasons” Explained
Lord Mervyn King, who was Governor of the Bank of England from 2003-2013 and saw the financial crisis play out from the centre of the …