Video: British MP Jacob Rees Mogg exposes the empty, smug sophistry of a technocratic socialist, Bank of England governor Mark Carney.
Tag Archives: central bank
Inflation: It’s a Wealth Redistribution Scheme
Societies need a holistic approach to begin to address the gnawing pestilence of inflation foisted upon them perennially by the financial and political elites.
Why Zero Interest Rates Can Never Work
Setting interest rates artificially low causes the demand for credit to surge, while the supply of credit falls, resulting in a shortage of real loans. The only sound remedy to this is to let interest rates rise to their market-determined level or face economic disaster.
The Capitalism Delusion
Little more than a cursory and objective glimpse into the nature of our economic system for the past number of decades, right up to the 2008 crash, and indeed since 2008, will show that unfettered free market capitalism could not have been responsible for the global financial crisis, because unfettered free market capitalism did not […]
Trading away our Economic Sanity
Real productivity – the kind that lasts and builds real and sustainable wealth – cannot be legislated or printed into existence.