Strip the Bank of England of its power | Jamie Whyte – Times Online
byWriting in The Times on 2 July 2009, Jamie Whyte called for the Bank of England to be stripped of its power to set…
Financial Stability
Bailing out the Banks – Glaring Evidence of Moral Hazard
byGordon Kerr, a banker with expertise in derivatives and foreign exchange, explores the evidence of moral hazard in the bank bail outs. By rescuing…
Where next for the economy?
byVia Entering the Greatest Depression in History by Andrew Gavin Marshall, indications of the possible path of the global economy: Entering the Greatest Depression…
Why is the FTSE going up?
byThe FTSE 100 Share Index has been riding high since it fell to a low of 3,512 on March 2, and continues to flirt…
Economic Interventionism, Banks and the Crisis
bySteven Baker presents a precis of de Soto’s Money, Bank Credit and Economic Cycles pp650-653, setting out an argument which was famously expounded by…
Bank of England Increases Size of Asset Purchase Programme by £50 Billion
byAs the Bank of England announces more new money, we indicate counter arguments. Via Bank of England|Publications|News|2009|Bank of England Maintains Bank Rate at 0.5% and…
The Bank must keep the presses rolling – Telegraph Blogs
byVia The Bank must keep the presses rolling – Telegraph Blogs: The figures don’t in themselves prove that QE has been unsuccessful. It is…
FT.com / Financials – US prime borrowers fall behind on payments
byVia FT.com / Financials – US prime borrowers fall behind on payments: The number of US prime borrowers behind on home loan payments has…
UK can’t afford another fiscal rescue, warns IMF – Telegraph
byVia UK can’t afford another fiscal rescue, warns IMF – Telegraph: In calculations that will spark further criticism over the state of the public…
FT.com – White paper examines how to burst bubbles
byVia FT.com / UK / Economy & Trade – White paper examines how to burst bubbles: Taking away the punchbowl just as the party…