Kevin Gilmour
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Money Reform
Renegade Band of Economists Call for 'Degrowth' Economy

Renegade Band of Economists Call for ‘Degrowth’ Economy

The road to prosperity and happiness doesn’t lead to the shopping mall, as most economists would have you believe. In the U.S., shopping is not just a national pastime. Consumer spending, which makes up about 70 percent o...
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Money Reform
A Warning Sign For The World

A Warning Sign For The World

Any financial system that is based on debt is doomed to fail.  Today, we are living in the greatest debt bubble that the world has ever seen, and if all of a sudden people could not use credit to buy things our economy would i...
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Money Reform
What is 'The Federal Reserve'

What is ‘The Federal Reserve’

Thomas Jefferson and Andrew Jackson understood “The Monster”. But to most Americans today, “Federal Reserve” is just a name on the dollar bill. They have no idea of what the central bank does to the econ...
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Money Reform
Credit Rating agencies 'must be independent'

Credit Rating agencies ‘must be independent’

Credit rating agencies must be left free from political interference in order to make “responsible and sensible decisions”, experts have warned. The Investment Management Association, the trade body for the fund man...
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Money Reform
Reagan Warned Us About Obama Video

Reagan Warned Us About Obama – Video

How Reagan summed up Obama in the first 5 minutes of a speech over 40 years ago. Money Reform Source
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Money Reform
Ron-Paul-uncensored-on-9-trillion-Fed-bailout

Ron Paul uncensored on $9 trillion Fed bailout

Shorty after the US Federal Reserve released data revealing trillions of dollars in emergency aid to financial institutions and foreign banks, among other companies, RT’s Dina Gusovsky spoke to Congressman Ron Paul, a lon...
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Money Reform
Why Quantitative Easing doesn’t make common sense

Why Quantitative Easing doesn’t make common sense!

The Bank of England, I am told, is to pump £50bn into the economy in ‘quantitative easing’. As far as I can understand – the basic idea is that the Bank of England gives the banks £50bn. This eases their situation, whic...
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Money Reform
Bank Of England Adds Another £50 Billion of Debt on UK Tax Payers

Bank Of England Adds Another £50 Billion of Debt on UK Tax Payers

The Bank of England has agreed to extend its quantitative easing (QE) programme by £50bn to give a further boost to the UK economy. When completed, it will bring the total amount of QE stimulus to £325bn. The Bank started its...
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Money Reform
Money Reform and Social Possibilities

Money Reform and Social Possibilities

In my previous post, I mentioned Karl Polanyi’s argument that early capitalism included an attempt to integrate money completely into the logic of a pure market economy, eventually through the introduction of a gold standard...
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Money Reform
Will U.S. Money Supply Explosion Lead To Hyperinflation

Will U.S. Money Supply Explosion Lead To Hyperinflation?

This is the time of year when City pundits produce their forecasts for the forthcoming year. Historically there has been little point to this exercise. Instead, here is the one chart which defines the background to all events i...
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Money Reform
A Flaw In Quantitative Easing

A Flaw In Quantitative Easing

One of the basic ideas opposed by Positive Money is that when new money enters the economy, it should come in the form of money that is lent into existence by private banks. Having ruled out that source of new money, there rema...
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Money Reform
Businesses Getting Ready For Collapse Of The Euro

Businesses Getting Ready For Collapse Of The Euro

OK, while the documentary ‘the secret’ has some value, positive thinking alone will get you in a bit of trouble right now. I prefer – expect the best, but prepare for the worst and take massive action, don’t try and rel...
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Money Reform
Politics and the Vickers Report

Politics and the Vickers Report

What is really going on with the Vickers Report? The Vickers Report has come out on the radical side of what was expected in terms of structural change for the banks and on the conservative side in terms of timescale. But the ...
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Money Reform
Banking reforms to go ahead – Vince Cable

Banking reforms to go ahead – Vince Cable

Vince Cable says Vickers report will be accepted to prevent bank bailouts. Business secretary to present united front with Conservatives over ‘ringfencing’ of banks’ retail and investment arms. George Osborne...
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Money Reform
Der Euro kommt: Ab 1. Januar 2002 offizielles Zahlungsmittel

Borrowing money to pay the interest on previous loans

We see this kind of madness in many of our Local Authorities today, where in order to make ends meet, they have to borrow. For example, some local authorities will be having to include a reasonable percentage of each pence in t...
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