Britain is facing a mounting housing crisis amid a shortage of supply that the country’s new government will have to address as a priority, according to the Royal Institution of Chartered Surveyors.
There is more money in the world than at any other point in human history, so why doesn’t it reach the places that need it most?, asks Fran Boait, Positive Money’s Executive Director in the article published in Open Democracy, 14th April 2015
In a letter to the Financial Times, 19 economists sign a call for the ECB to inject QE money directly into the real economy, either through public spendings or cash transfers to citizens. One of the signatories, Prof. Steve Keen explains the concept of QE for the people in the Keiser show.
A study recently commissioned by the Icelandic prime minister, Sigmundur Gunnlaugsson, and written by Frosti Sigurjonsson, displays an accurate analysis of how banks create money and endorses Sovereign Money proposals. But what are people saying about the report? Of course there are criticisms of the report and some of the usual misunderstandings, but most people think it's a proposal that merits serious consideration:
In a recent letter to the FT, 19 prominent economists suggested that there were better ways to boost the Eurozone economy and employment than through QE. Senior lecturer at IFS college, John Hearn, responded to their letter suggesting that they are all wrong, and have “A mistaken estimate of what QE can do”.