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	<title>Steve Baker MP &#187; Money</title>
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	<link>http://www.stevebaker.info</link>
	<description>One life. Live it.</description>
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		<title>Detlev Schlichter: There will be no end to ‘quantitative easing’</title>
		<link>http://www.stevebaker.info/2012/02/detlev-schlichter-there-will-be-no-end-to-%e2%80%98quantitative-easing%e2%80%99/</link>
		<comments>http://www.stevebaker.info/2012/02/detlev-schlichter-there-will-be-no-end-to-%e2%80%98quantitative-easing%e2%80%99/#comments</comments>
		<pubDate>Thu, 09 Feb 2012 10:30:22 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Detlev Schlichter]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Money]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=10790</guid>
		<description><![CDATA[Official inflation is over 4 percent in the UK, so how printing more money is going to help meet a 2 percent inflation target is a bit difficult to grasp, but let us not quibble over such details. What counts is that the Bank of England is the undisputed champ of QE. After the next ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Three flaws in the Financial Services Bill</title>
		<link>http://www.stevebaker.info/2012/02/three-flaws-in-the-financial-services-bill/</link>
		<comments>http://www.stevebaker.info/2012/02/three-flaws-in-the-financial-services-bill/#comments</comments>
		<pubDate>Wed, 08 Feb 2012 14:35:20 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Accounting]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[Central Banking]]></category>
		<category><![CDATA[Credit]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[IFRS]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Moral Hazard]]></category>
		<category><![CDATA[Parliament]]></category>
		<category><![CDATA[Video]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=10775</guid>
		<description><![CDATA[Under the heading, Osborne looks to limit damage of ‘credit busts’, the FT gives a neat summary of the Chancellor&#8217;s plans. In particular: He said the FPC would also look out for dangerous linkages in the financial system and identify exotic new instruments that might undermine stability. It would be charged with containing credit booms ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Telegraph: &#8220;Will the great interest rate gamble pay off?&#8221; No.</title>
		<link>http://www.stevebaker.info/2012/02/the-great-interest-rate-gamble/</link>
		<comments>http://www.stevebaker.info/2012/02/the-great-interest-rate-gamble/#comments</comments>
		<pubDate>Fri, 03 Feb 2012 07:59:21 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Central Banking]]></category>
		<category><![CDATA[Interest]]></category>
		<category><![CDATA[Money]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=10721</guid>
		<description><![CDATA[Via The Telegraph, Will the great interest rate gamble pay off? By the time this month’s auction is over, the ECB will have doled out nearly one and a half trillion euros of “free” money to help keep the banking system alive, with much more to come over the months ahead. Nobody is under any ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The inflation or deflation song</title>
		<link>http://www.stevebaker.info/2012/02/the-inflation-or-deflation-song/</link>
		<comments>http://www.stevebaker.info/2012/02/the-inflation-or-deflation-song/#comments</comments>
		<pubDate>Thu, 02 Feb 2012 09:40:01 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Fun]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Central Banking]]></category>
		<category><![CDATA[Deflation]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Video]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=10714</guid>
		<description><![CDATA[Via &#8220;Merle Hazard&#8221;: I&#8217;m reminded of economist James Buchanan&#8217;s words: The market will not work effectively with monetary anarchy. Politicization is not an effective alternative. We must commence meaningful dialogue with acceptance of these elementary verities. Far too much has been said and written in elaboration of the first statement, which too often is taken ]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Speech to Positive Money on money and banking</title>
		<link>http://www.stevebaker.info/2012/01/speech-to-positive-money-on-money-and-banking/</link>
		<comments>http://www.stevebaker.info/2012/01/speech-to-positive-money-on-money-and-banking/#comments</comments>
		<pubDate>Thu, 26 Jan 2012 09:16:14 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Positive Money]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=10676</guid>
		<description><![CDATA[A speech on money and banking given to Positive Money&#8217;s conference last October (sorry about the cold!): See also my writing on economics here and for The Cobden Centre]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Detlev Schlichter on Start the Week with Andrew Marr shortly</title>
		<link>http://www.stevebaker.info/2012/01/detlev-schlichter-on-start-the-week-with-andrew-marr-shortly/</link>
		<comments>http://www.stevebaker.info/2012/01/detlev-schlichter-on-start-the-week-with-andrew-marr-shortly/#comments</comments>
		<pubDate>Mon, 16 Jan 2012 07:55:06 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[Detlev Schlichter]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Radio 4]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=10574</guid>
		<description><![CDATA[Via The Cobden Centre, Detlev Schlichter, author of Paper Money Collapse: The Folly of Elastic Money and the Coming Monetary Breakdown writes: On Monday, 16th January, I will be one of four guests on Andrew Marr’s show Start the Week on BBC Radio Four. The programme will start at 9 am. There are a couple of ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hayek&#8217;s neglected truths about credit, capital and the trade cycle</title>
		<link>http://www.stevebaker.info/2012/01/neglected-truth/</link>
		<comments>http://www.stevebaker.info/2012/01/neglected-truth/#comments</comments>
		<pubDate>Sat, 07 Jan 2012 10:07:41 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Credit]]></category>
		<category><![CDATA[Economic Cycle]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Hayek]]></category>
		<category><![CDATA[Keynes]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Wolf]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=10530</guid>
		<description><![CDATA[Last night, I caught up with Martin Wolf&#8217;s November programmes for Radio 4 Analysis, which you can find here. He offered a predictable blend of commentators calling for more money printing, world central banking and greater global governance. It prompted me to look out Monetary Theory and the Trade Cycle (1933). Hayek wrote (emphasis mine): ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What the Chancellor will not be discussing tomorrow: the collapse of paper money</title>
		<link>http://www.stevebaker.info/2011/11/what-the-chancellor-will-not-be-discussing/</link>
		<comments>http://www.stevebaker.info/2011/11/what-the-chancellor-will-not-be-discussing/#comments</comments>
		<pubDate>Mon, 28 Nov 2011 08:00:19 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[Books]]></category>
		<category><![CDATA[Detlev Schlichter]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Parliament]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=10265</guid>
		<description><![CDATA[Via the Adam Smith Institute on YouTube, Detlev Schlichter explains the thesis of his recent book, Paper Money Collapse: The Folly of Elastic Money and the Coming Monetary Breakdown: Amongst other things, Detlev is a Senior Fellow of the Cobden Centre, which I co-founded. I should very much like to believe his thesis is incorrect, ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2011/11/what-the-chancellor-will-not-be-discussing/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Something to look forward to from the BBC on money and banking (perhaps)</title>
		<link>http://www.stevebaker.info/2011/11/something-to-look-forward-to/</link>
		<comments>http://www.stevebaker.info/2011/11/something-to-look-forward-to/#comments</comments>
		<pubDate>Thu, 17 Nov 2011 11:45:21 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[BBC]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Video]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=10198</guid>
		<description><![CDATA[In this mad age of yet further taxpayer-backed lending, the BBC&#8217;s new series may or may not be something to look forward to: More here]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2011/11/something-to-look-forward-to/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Debate on fuel prices</title>
		<link>http://www.stevebaker.info/2011/11/debate-on-fuel-prices/</link>
		<comments>http://www.stevebaker.info/2011/11/debate-on-fuel-prices/#comments</comments>
		<pubDate>Tue, 15 Nov 2011 17:27:09 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Environment]]></category>
		<category><![CDATA[fairfueluk.com]]></category>
		<category><![CDATA[Fuel]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Parliament]]></category>
		<category><![CDATA[Roads]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[Transport]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=10193</guid>
		<description><![CDATA[There has been a tremendous turnout today for the debate on fuel prices, with Rob Halfon leading, supported by Fair Fuel UK. I am delighted so many members are today pressing for lower taxes on behalf of constituents. Fuel taxes are a scandalous cash cow for the Treasury and it is time the motorist received ]]></description>
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		<slash:comments>0</slash:comments>
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