Parliament & Legislation

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CamI'm sorry to have belatedly picked up your comments – please blame the festive season! In answer to your question "why don't banks infinitely expand their balance sheets?" I would say:-1. Banks do have this ability, hence the point that banks can create unlimited credit.2. However they do ratio...

last month

Scott GreenSo how are we going to get the key people up to speed? Shouldn't we target the monetary policy committee with information and campaign....

December 2014

SimonYour last sentence is correct in that all the banks increase lending and deposits, the system breaks down when the general economy cannot repay the increased debt and interest....

December 2014
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ConradJonesHopefully, Andrea Leadsom will understand that there is an alternative to the current system, which she must realise has changed since 1971. She will realise that the dregulation of Banks lending - the reduction in restrictions to Banks creating credit - can be seen to have a destabilising effect on...

December 2014

SimonLeadsom is an ex investment banker who is mainly concerned with keeping the status quo, looking after her wealthy friends in the City, rather than the general public....

December 2014

montmorencyAnd contrary to what the the Secretary of the Treasury said , there seem to be very few actual controls on the amount banks lend, since they can always call on additional reserves from the BoE....

December 2014
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Andrew BuckleyThat's exactly right. When people are taught that they all deserve the same rights, they get outraged when it is demonstrated that they don't have them. When people are taught that the amount of money is determined for their benefit, they will be outraged if there is obvious misconduct in the proc...

December 2014

Andrew BuckleyThat's about as much as I know as well :). I don't think one can know any more about it until it's actually attempted....

December 2014

Fran GriffithsYou can think messy reality through as much as you like but it will still surprise you! And as you are thinking people continue suffer the consequences of a truly abysmal system. The representatives of the way things are would like us to argue for ever. While we fight amongst ourselves are leaving ...

December 2014
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ConradJonesприветполностью согласенБлагодарю Вас.Na Zdorovieps. Я не говорю по-русски....

November 2014

ConradJonesFrom the Federal Reserve website:"The 12 regional Federal Reserve Banks, which were established by the Congress as the operating arms of the nation's central banking system, are organized similarly to private corporations--possibly leading to some confusion about "ownership." For example, the Reserv...

November 2014

The Village IdiotI stopped the video on 4:03 and counted 17 MPs. Is this an indication of how important the issue is to the political parties?...

November 2014
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David MullinsWhat #hashtag are you using? I suggest#UKmoney...

November 2014

RadioflyerA great primer for your politicians would be a study of the hearings held in Canada under the guidance of Gerald Grattan McGeer.https://openlibrary.org/search...End result being the adoption of our national experiment in goverment money creation, which was followed successfully from 1939 to 1974.Unf...

November 2014
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