Tags: iou

An Analogy – Part I

April 29th, 2013
in Op Ed, syndication

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Written by Glenn Van Lendt"a comparison between two things that are similar in some way, often used to help explain something or make it easier to understand" CASTRO REFUSES TO DIE Disturbing News A person is admitted to hospital and the situati… more »

Tags: bis, china, economic growth, fidel castro, financial crisis, g20 nations, glenn van lendt, gold currency, iou, national debt, piigs nation

It Can Happen Here: The Confiscation Scheme Planned for US and UK Depositors

April 1st, 2013
in Op Ed

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Confiscating the customer deposits in Cyprus banks, it seems, was not a one-off, desperate idea of a few Eurozone “troika” officials scrambling to salvage their balance sheets. A joint paper by the US Federal Deposit Insurance Corporation and the Ban… more »

Tags: bank of england, cyprus, ellen brown, eurozone, financial crisis, gdp, insured deposits, iou, nationalize banks, new zealand, public banking, uk, usa, web of debt

From Central Bank Independence to Democratic Public Finance

January 27th, 2013
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Dan Kervick, New Economic Perspectives Effective governance in any country requires a well-designed system of public finance through which that government can achieve its various purposes and pursue the public interest.  If the system of public fina… more »

Tags: abba lerner, banking, banks, central bank, dan kervick, democracy, federal reserve, government bonds, iou, new economic perspectives, public banking, public finance, tax