The definition of full reserve banking can be a source of much confusion and consternation. The confusion revolves around the definition of …
Archives for July 2011
Heart Transplant for our Ailing Economy
In the spring, the Banking Commission published its interim report. So what will it achieve? Not much it seems, and the banks are …
Forget Phone Hacking – The Real Outrage Should be at the Banking Crisis
In a brilliant article on Huffington Post, Margaret Heffernan writes: "Complexity has been the banker's friend. Unlike the phone hacking …
Revert to the Traditional Method of Issuing Currency
The most effective way to reintroduce the drachma would be for the government to revert to the traditional method of issuing …
The Root Question
From James Robertson, author of Creating New Money. You can sign up for his newsletter at www.jamesrobertson.com. Impartial spectators …
Weekly Update 16th July
NEXT WEDNESDAY: MEETUPS IN GLASGOW & LONDON A guide to how banking really works Clarifying the Consequences of our Debt-Based …
US Default: Should We Be Ready to Face the Worst?
According to Guardian, 15th July: In Europe, a chronic lack of co-ordinated action early in the financial crisis means the very survival of …
Mike Haywood's Banking Crisis Digest
We are bringing you Mike Haywood's Independent Weekly Compilation of the Best Internet Articles and Blogs Relating to Global Banking …
Bank Regulation’s Capital Mistake
Following is an extract from an excellent article published on the website www.project-syndicate.org Imagine that the arguments triggered by …