Today, I have released a new campaign page introducing my work on injustice in the financial system, including fighting unfair bonuses and the misery created by our systematically inflationary monetary system. You can find it here but, for example: The UK money supply tripled between 1997 and 2010, widening wealth inequality, […]
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Presentation on the financial crisis
This evening, I made the following presentation on the Government’s financial position and intentions and on the genesis of this crisis. The PDF is here: How to create a crisis.
Read MoreThe Real Asset Company interviews Detlev Schlichter on the Austrian School and the financial crisis
Following my recent interview with The Real Asset Company, I am delighted that they have published this three-part interview with my Cobden Centre colleague, Detlev Schlichter. Here’s the first part: For ten possible solutions to the problems inherent in our present financial system, see my article here.
Read MoreVia Detlev Schlichter: Deceits and delusions – Some thoughts on the euro-crisis and democracy
Anybody with any knowledge of economics should feel uneasy at the sight of a country where half of recorded economic activity is conducted by the state. Are such semi-socialist societies operable, and if so, for how long? Read the article via Deceits and delusions – Some thoughts on the euro-crisis […]
Read MoreBank of England’s Haldane endorses concerns on bogus bank accounting
The Bank of England’s Executive Director Financial Stability, Andy Haldane, has set out the case for banks to be held to different accounting standards because the existing rules have may allowed banks to overstate their profits and exacerbate their losses. This is something I covered in a private members’ bill […]
Read MoreHelping a Spanish team explain the crisis: Fraud
I recently gave an interview to fraudedocumental.com towards their forthcoming documentary on the crisis. A good number of my colleagues in the UK and Europe will be appearing in the film: Fraud. Why the Great Recession (Official Trailer) from amagifilms on Vimeo. One of the stars is Jesús Huerta de […]
Read MoreSpeaking notes from Positive Money conference yesterday
I opened the Positive Money conference yesterday, explaining the wide range of damaging flaws in our monetary system, how these have emerged and what the range of potential solutions might be. As I have often said, I favour the constitutionalisation of our present fiat money system, followed by the denationalisation […]
Read MoreThe horror of the European Stability Mechanism
On the horror of the European Stability Mechanism: The path on which the EU is embarked is not only profoundly anti-democratic but it also tramples the classical Rule of Law. The benefits of trade are tremendous but that shouldn’t stop us being concerned that our neighbours are headed this way. […]
Read MoreMerkel wins rescue fund vote after raising spectre of war – Telegraph
Via Merkel wins rescue fund vote after raising spectre of war – Telegraph: She told MPs: “Nobody should take for granted another 50 years of peace and prosperity in Europe … that’s why I say: If the euro fails, Europe fails. Quite. It’s what I was getting at when I wrote […]
Read MoreVia ZeroHedge: BBC Speechless As Trader Tells Truth: “The Collapse Is Coming…And Goldman Rules The World”
Via ZeroHedge, an interview which astonishes me only in as much as this has appeared on the BBC: As I have indicated again and again and again and again, our present economic system is in profound trouble and it will not be fixed by bailouts. We need money which holds its value: […]
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