The Bank of England is deliberately seeking to make households poorer and increase unemployment through its blunt, ineffective rate-rise policy. David Spencer is Professor of Economics and Political Economy at the University of Leeds. Muhammad […]
‘Independent’ central banks are really a license to run monetary policy in the interests of the wealthy without any democratic accountability. Richard Murphy is an economic justice campaigner. Professor of Accounting, Sheffield University Management School. Chartered […]
Erdogan seems to be responding to his election victory by retreating towards more ‘orthodox’ macroeconomic policies. Read the article HERE.
The European Central Bank has raised interest rates again, despite the alarming signs that a financial crisis is looming. Jordi Schröder Bosch is a researcher at Positive Money Europe. Cross-posted from Positive Money Europe Prices […]
European Central Bank chief Christine Lagarde’s claim that there is no trade-off between price stability and financial stability is evidently untrue and may come back to haunt her. Jordi Schröder Bosch is a researcher at […]
A wider lens on the dynamics driving the Silicon Valley Bank collapse. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from Michael Roberts’ blog LAST week, US Fed Chair Jay […]
They are pushing up interest rates the world over because monetary theory dictates that this is the way to bring down inflation. But not so long ago those same banks were arguing that inflation was […]
If price stability really is the mandate of Central Banks, then why don’t they crack down on the main driver of price inflation – fossil fuels? Ewan McGaughey is a Reader in Law, specialising in […]
The Federal Reserve, the Bank of England and the European Central Bank all appear determined to tip the world economy into recession Cross-posted from Tax Research UK Amazon forecast yesterday that it will make sales […]
Central banks have stoked housing inequality, increasing the wealth of those with assets and depriving those without Cross-posted from Positive Money Europe Housing prices plunged during the global financial crisis. A new cycle of increasing […]
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