Bank reform demands monetary reform – an essay for Banking 2020
byThis article was published yesterday at stevebaker.info. Today sees the return of the Financial Services (Banking Reform) Bill to Parliament. It does not do enough. In…
Mervyn King
Pity the central banker
byIf central banking were a stock, you’d go short. Blue-chip mystique still clings to it but you can feel the reputational parabola slowly gathering…
Hold onto your hat, we’re in for a wild ride
byJames Turk interviews Doug Casey, the American-born economist, professional investor, author and advocate of the free market, in an illuminating, entertaining and yet ultimately…
15 years of the MPC
byA brilliant video from our friends at SaveOurSavers, celebrating 15 years of the Monetary Policy Committee:
The economic consequences of central bankers
byMore unemployment. More recession. More massive public debt. More print-more-money-and-pray quantitative easing. More Mervyn King bleating on about the stalled economy – but failing to…
Liars led by junkies
by“In my several decades as a financial and economics commentator – covering banking crises dating back to the early 1970s and the Latin American…
No Mt Rushmore for today’s interventionists
bySince the Great Financial Crisis started (in truth, since well before), we have unwaveringly maintained three main tenets in relation to how one should…
Mervyn King’s “Operation Bernhard”
byThe UK is in sorry shape today. The British can at least take comfort in knowing that things are still not anywhere near as…
At the ASI: Mervyn King and narrow banking
byVia Tom Clougherty at the Adam Smith Institute, Mervyn King and narrow banking: Ultimately, the problem with modern banks is that they do not operate…
Prudent Savers to be the Biggest Losers – Mervyn King
byIn a speech last night in Newcastle-Upon-Tyne the head of the UK’s central bank continued on his admirable path of admitting that the banking…