QE for people / Helicopter money

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medialAxisIn a functioning economy shouldn't goods get cheaper as time goes by, simply because productivity increases with time? So doesn't that mean that, in functioning economy, there's no real need for increasing wages nor indeed for inflation?...

1 hour ago
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David Frederick PrestonI wish I did Jim; nothing can change with the current Government in power & the uncertainty of Brexit hanging around us. If those experts had ever got one forecast in ten correct, or the Governing party actually told the truth about what they planned to do, then it may be possible to put togethe...

5 days ago

medialAxisI don't know the answer to your question but, AIUI private individuals don't hold reserve currency and yet QE (which is the 'printing' of reserves, AIUI,) benefits the 1%, yes? As T. May admits....

5 days ago

James MurrayGruffydd,I had to look up SDRs or XDRs as their acronyms seem to be.I understand they can only be used by a country and not an individual.I therefore cannot see how they will protect the wealth of the 1% specifically.Can you explain or send a link?Jim Murray...

5 days ago
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PJMThanks, Ed. IMHO your analysis is spot on!IMHO, switching to a Sovereign Money banking and monetary system is a no-brainer. However, the money powers of the City will fight tooth and nail and use every dirty trick -- even those not yet in "the book" -- to prevent that from happening.Only people-powe...

4 weeks ago
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Lucian AerisWell put, Fran. Except, describing SMC as radical might not help to pull it into the Overton Window....

May 2017

medialAxisJapan, who you might say was first to suffer from the practices of the banking sector, are leading the way in the take up of crypto-currency, which is likely a sure fire way to undermine the banks and make them change their ways (but not before the lobby against crypto I suspect). Japan's already ac...

May 2017
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