Merry Christmas from TCC: Treasury Select Committee to examine low interest rates
byNext year there will be a parliamentary enquiry into the effects of ultra low interest rates and other mechanisms of radical monetary policy. It…
Bank of England
A history of Fractional Reserve Banking – or why interest rates are the most important influence on stock market valuations? Part 2
bySource: 1propaganda.com Central banks appear more powerful than at any time in their history – has something changed? Not really – because of…
Doubtful
by“Sir, Martin Wolf writes: “It may be hard to avoid crises but it is vital to make them both small and rare.” (“In the…
Moneyweek: Hands off our cash petition
byAndy Haldane recently floated the idea of abolishing cash so that radical monetary policy like negative interest rates can be implemented. You can sign…
From ZIRP to NIRP
byThe sudden end of the Fed’s ambition to raise interest rates above the zero bound, coupled with the FOMC’s minutes, which expressed concerns about…
The Bank of England’s One Bank Research programme – how to truly challenge the orthodoxy?
byThe Bank of England launched its “One Bank Research” programme last year. They write: Through our One Bank Research initiative, the Bank of England…
Haldane the Omniscient
byI read this article by Andy Haldane. http://www.theguardian.com/business/2015/sep/18/interest-rates-rise-bank-of-england-chief-economist-andy-haldane I value certain things now more than I do in the future. I am…
Steve Baker Treasury Select Committee Compilation
byEditor’s Note: In light of Steve being re-elected to the Treasury Select Committee here is a short compilation of some of last year’s highlights….
Cobden Partners on Radio 4
byThe Cobden Centre contributor and Cobden Partners founder Gordon Kerr was featured on BBC Radio 4’s Today yesterday talking about Kevin Dowd’s recent paper…
INTERVIEW WITH DR WILLIAM WHITE, FORMER HEAD OF THE MONETARY AND ECONOMIC DEPARTMENT AT THE BIS PART 2
byWilliam White is currently Chairman of the Economic and Development Review Committee of the OECD which provides policy recommendations to governments of member and…