Why all Banks are Insolvent
Why Even the Best Banks are Insolvent and Inherently Dishonest We are told that Barclays is a good bank and it did well not…
More on Banking and the Barclays 2009 Results
Some of my City friends who work in banking have had a look at the 2009 Barclays balance sheet and made comment on how…
The Ethics of Capitalism: A Secular and a Theological Justification
The current debate about bankers’ bonuses is often seen as one of fairness pitted against the greed of those nasty capitalists,. To me, bankers…
Why I Founded the Cobden Centre
I founded the Cobden Centre inspired by the writing of F A Hayek, particularly his reference in “Denationalization of Money: the Argument Refined” (IEA,…
Presbyterian Mutual Society and a Solution to Pay out all its Creditors and its Place in the Honest Money Movement
A bank , building society that uses factional reserves, lends long and pays out short is only going to exist should confidence be kept…
America’s $100 TRILLION problem and the death of the Provider State
FOX Business Network’s Brian Sullivan speaks in this interview with famed economist and fmr. Chilean Labor and Social Security Minister Jose Pinera about the…
Banksters on the Welfare State of Credit
Our Corporate Affairs Director Steve Baker has posed this question to some of his fellow board members, “Would be great to nail this phenomenon…
Policy Exchange and the Near Consensus on the Merits of QE
I went to this event today. “22/02/2010 – Ideas Space Quantitative Easing: Friend or Future Foe? The Bank of England entered unchartered territory in…
Darius Guppy is spot on about the bank credit creation process
Via Darius Guppy: our world balances on a sea of debt What is needed is a root and branch re-evaluation of that most curious…
How much is your pound or dollar actually worth since government has been in control of money?
The answer is that the US dollar has lost 98.17% of its purchasing power and the pound sterling 99.42% of its purchasing power. Well done…