The power to create money, in the hands of commercial banks, has been highlighted as one of the root causes of both the Great Depression of …
Housing
Rate rise will bring ‘major problems with debt repayments’ (Lord Turner)
"I think it's clearly the case that UK has an economic model where every time we start growing, we tend to have a very significant house …
The Ecologist: Making money – the state must reclaim its sovereign rights
For decades we've allowed the power to create money to be used to blow up property bubbles and financial markets. Now it's time to use that …
Mortgaged Future
The Resolution Foundation has today published a paper discussing the sorry state of the UK housing market and in particular the problems …
Quantitative Easing vs Sovereign Money Creation (Infographic)
Quantitative Easing was a wasted opportunity. There's a far more powerful way of creating jobs and boosting the real …
Lord Turner: Housing bubble could drag UK back into crisis
Adair Turner, former chairman of the Financial Services Authority, is still sounding the warning bell with regards to the current housing …
Low Inflation Figures Mask a Housing Crisis
Inflation is at a four-year low, according to the Office of National Statistics. On the back of these low figures, Prime Minister David …
House prices: If wages had kept up, we’d earn £44,000 more
House price inflation has been so extreme in recent years that if wages had grown at the same rate, many of us would be earning tens of …
How to fix the creation of money?
It seems clear that our banking system is fundamentally dysfunctional, yet for all the millions of words of analysis in the press and …