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Friday, May 30, 2014
Swiss to vote on full reserve banking?
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A Swiss group (Momo) which campaigns for full reserve banking is going to try to get a national referendum on the issue. The UK’s main pro ...
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Vince Cable contradicts himself.
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Vince Cable, the UK’s “business secretary” is famous for promoting two mutually exclusive ideas. One is that there is too much debt, e.g. s...
Thursday, May 29, 2014
Bankers continue to lie.
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Guido Ravoet of the European Banking Federation in a letter in the Financial Times today claims “…banks hold significantly more safe capit...
Positive Money goes wrong on seigniorage.
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This article by Positive Money claims that if government created all money, we’d have billions more to spend on health, education (and/or ...
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