We at ethical markets agree and have also called for more democratized and future-focused ways of designing quantitative easing : “ the trickle up “ approach proposed by Milton Friedman of just taking cash up in helicopters and throwing it out the windows “ ( seriously supported in FOREIGN AFFAIRS …
NEW REPORT FROM POSITIVE MONEY: SOVEREIGN MONEY – Paving the way for a sustainable recovery
NEW REPORT FROM POSITIVE MONEY: SOVEREIGN MONEY – Paving the way for a sustainable recovery Buy a hard copy for £6 plus shipping (60 pages – only 100 copies available) or Download PDF By fuelling our economy through ever-rising levels of household debt, we are repeating the mistakes that led …
Collateral Damage: QE3 and the Shadow Banking System
by Ellen Brown Rather than expanding the money supply, quantitative easing (QE) has actually caused it to shrink by sucking up the collateral needed by the shadow banking system to create credit. The “failure” of QE has prompted the Bank for International Settlements to urge the Fed to shirk …
Clean Technica: “Fatbergs” In London Sewers To Be Transformed Into Electricity
“ Ethical Markets Agrees with QE for Renewable Energy …much better than for toxic mortgages and bailing out stupid bankers ! – Hazel Henderson, Editor “ Top cleantech news of the day from CleanTechnica, the world’s #1 cleantech or clean energy website: “Fatbergs” In London Sewers To Be Transformed Into …
Money for the People: Grillo’s Populist Plan for Italy
Money for the People: Grillo’s Populist Plan for Italy Ellen Brown http://WebofDebt.com/articles March 7, 2013 Default on the public debt, nationalization of the banks, and a citizen dividend could actually save the Italian economy. Comedian Beppe Grillo was surprised himself when his Five Star Movement got 8.7 …
Inequality, inequity, and the “simpleton’s god of free markets
Editor’s note — The following is a piece from a conversation between Per Kurwoski and Angus Cunningham. For background on Per Kurwoski and his perspective, watch his video “Basel’s Monstrous Regulatory Mistake. In your latest comment on an iMFdirect post, Per, you used the word “inequality”. Yet I wonder if …