Category: Banking
Watch “Princes of the Yen: Central Bank Truth Documentary 『円の支配者』” on YouTube
Published on Nov 4, 2014 “Princes of the Yen: Central Banks and the Transformation of the Economy” reveals how Japanese society was transformed to suit the agenda and desire of powerful interest groups, and how citizens were kept entirely in the dark about this.
Stable and Sustainable Development: Mission Possible by Prof. Richard A. Werner, D.Phil. (Oxon)
Adopted from: http://www.gresham.ac.uk/lectures-and-events/lessons-we-can-learn-from-the-success-of-the-japanese-growth-system (You will find the PDF Presentation, audio and video at the above hyperlinked address and also below) PDF Presentation Richard Werner gives a presentation on conventional and inductive economics, deriving lessons from the growth of the Japanese economy. PROFESSOR RICHARD WERNER Professor Werner, DPhil (Oxon) has been Professor of International Banking at the… Read More
A Sovereign Money System by positivemoney.org
Adopted from: http://positivemoney.org/publications/#sms and http://positivemoney.org/our-proposals/ Our Proposals: Creating a Sovereign Monetary System (Report, 56 pages) This report presents a reform to the banking system that would remove the ability of banks to create money, in the form of bank deposits, when they make loans. It would transfer the ability to create new money exclusively to… Read More
The Shadow Banking System and Hyman Minskys Economic Journey | PIMCO
https://www.pimco.com/insights/economic-and-market-commentary/global-central-bank-focus/the-shadow-banking-system-and-hyman-minskys-economic-journey The Shadow Banking System and Hyman Minskys Economic Journey | PIMCO “Hyman Minsky’s theory on the nature of financial instability proved unnervingly prescient in explaining the rise and fall of shadow banking.” BY PAUL A MCCULLEY MAY, 2009 This paper is the basis for a speech I’ll be giving in Tel Aviv in June,… Read More
The Quantity Theory of Credit and Some of its Applications by Prof Richard Werner
Adopted from: Post-Keynesian Economics Study Group at http://www.postkeynesian.net/keynes.html 30 October 2012 Richard Werner, University of Southampton The Quantity Theory of Credit discussant: Victoria Chick, UCL background paper – slides (Werner) – talk only (Werner and Chick) – Where does money come from? This is an embedded Microsoft Office presentation, powered by Office Online. Please click on in… Read More
Watch “Richard Werner: Banking & The Economy” on YouTube
Uploaded on Mar 30, 2011 Banks have a pivotal function in the economy, they are the main creators of the money supply. In granting or issuing so called ‘loans’ to their customers they create the money that is essential to make the modern economy work. In fact says Prof Werner: ‘there is no such thing… Read More
Life Capitalism – One Life-Science to Rule Them All
In order to transition from our present death economy and birth a new life economy, we need to bring new life-tools to our toolkit of investigations and experimentation. Given the recent realisation that our present economic science, in its present incarnation can be described as a form of “alchemy,” we have now to ask what… Read More
The way forward – A life-coherent democratized economy
“For the master’s tools will never dismantle the master’s house. They may allow us to temporarily beat him at his own game, but they will never enable us to bring about genuine change.” – Audre Lorde In the previous post, The Final Frontier – A blueprint for building a life-value rebased global economic and political system… Read More
Watch “There is no Free Market” on YouTube
Published on Apr 7, 2016 Think the United States is a free market economy? Think again. Truth is, ever since the Federal Reserve started calling the shots, our economy has been manipulated and centrally planned much like those of the former Soviet Union or China. Published on Dec 1, 2015 …Never before in history have… Read More