Policies since the financial crash have been timid compared with historic examples, writes Martin Sandbu in his article published in the Financial Times on 29th Aug 2017, in which he offers "three radical ideas to transform the post-crisis economy".
In response to the Bank of England’s announcement that it will keep interest rates at 0.25%, Fran Boait, executive director of Positive Money said:
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 German Bundesbank has recently released an interesting report on the role of banks, non-banks, and the central bank in the money creation process. We have a few issues with the Bundesbank article; however, the majority of the analysis is good. More importantly, the conclusions drawn from the report by news outlets and the blogosphere are misleading.