Poverty, Debt and Inequality

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ConradJonesWe have a perfect opportunity in our History to make the transition from Private Bank created money system to a public created money system as we have the expertise of the Bank of England which is publcily owned and it is clear that the transition from 20% publicly created money system (1950s and 19...

January 2017
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To be made sick by medicine: Quantitative easing and inequality after the financial crisis

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The sustenance of economic systems often relies on delicately balancing two perilous extremities. When looking at inequality, for instance, one finds that the lack of it will lead to an economy’s atrophy, while its excess may lead to unsustainable tensions. Since the end of the most recent financial crisis, developed countries have been inclined towards the latter scenario.

RahaMistake or deliberate, that's the question. Who benefitted from the crisis ? Who got all the real estate that people could'nt pay, who benefitted from the massive debt payments before the collapse, who got the bail-out money after the collapse? Not the average citizen and not the bank clerk, for sur...

March 2017

Luca MonetaVery stimulating indeed, Giulio. It eventually brings up a number of issues: are wealth and "r" (and their effect on inequality) comparable among advanced economies? What happens to mid-term investment choices made by the wealthiest ten percent in a continuous negative interest rate scenario? In mor...

February 2017

SimonAnd the banks themselves were increasing house prices by extending more credit. Eventually the system collapses as people cannot repay. At the height of the mania in 2004, I could have an auction in my front room, as people were desperate to buy my fairly ordinary house. Every property at the local ...

December 2016
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