A recent blog by Frances Coppola describes full-reserve banking as ‘the largest bank bailout in history’. In the interests of mutual …
Independent Commission on Banking
Solution to the Financial Crisis: Full Reserve Banking
‘Full-reserve banking’ is a proposal that can end the recession, reduce personal and national debt, reduce inequality, and ensure that toxic …
Treasury Spreads Misinformation
"Has anyone asked the Government why they allow banks to rob us? If so, what was their answers?" ...somebody asked on Facebook …
Mervyn King – Friend or Foe?
Here is a transcript of what Mervyn King, governor of the Bank of England, said on the BBC Radio 4 annual Today Lecture on Wednesday …
ICB Leaves the Inherent Shortcomings in the System to Fester
Three years after the 2007/8 banking crisis and what have we now? A report from the Independent Commission on Banking (ICB) which …
Update 15th Sept – Banking Commission Misses a Trick
The Banking Commission reported back on Monday with a ‘reform’ that will disappoint everyone – both the public and the banks. Our …
Prosperity Can Only Come From Change
Once it is understood how the economy is actually funded, it should come as no surprise to anybody that little or no progress is being made …
Independent Commission on Banking: Final Report
The Independent Commission on Banking released their final report this morning. Our analysis is below. Imagine that the government …
Public Sector Workers 'Sacrificed to Save Zombie Banks'? Not Hollywood, but Canary Wharf…
12th September 2011 is the day when the Banking Commission will release its final report with the decisions about banking reform. On the …