Extract from Bank of England Letter, 14th December 2011: When asked what safeguards there were to ensure that money released through 'QE' …
Bank of England & QE
Mervyn King Speech: The Plight of Small Businesses
Sir Mervyn King, Governor of the Bank of England, gave a speech yesterday afternoon. Most of it was unremarkable, but the following …
Financial Crisis Is Worst the World Has Ever Had
The worst financial crisis since the 1930's "If not ever" says Mervyn King, the Governor of the Bank of England, according to The Telegraph, …
Bank Pumps £75bn More into Quantitative Easing
According to Guardian today The Bank of England has decided to pump another £75bn into the banking system. Faced with growing …
£45bn Subsidy for Too-Big-To-Fail Banks
According to The Independent, 8th September 2011: Britain's biggest banks benefited from an implicit subsidy worth nearly £45bn last year …
Steve Baker MP: The FED is Very Nearly Bust and it is Probably Not Alone amongst Central Banks
According to Steve Baker MP, a review of the US Federal Reserve’s own document reveals that the Federal Reserve, the US central bank is very …
Are we heading for a second global financial crisis?
An interesting article was published in Guardian, Wednesday 3 August 2011 that shows the mainstream coming around to the idea that an out of …
The Important Lesson from the History – Exactly the Same Trick
For 160 years or so, our leaders have suppressed and ignored the important lesson to be learned from the history of banknotes. Banknotes …
Bank of England Votes to Hold Interest Rates
Bank of England policymakers remain split on rates, according to the BBC on 18th May 2011 "Bank of England policymakers voted six to three …