Colin Hines: Bail out society and the planet, not just the banks
If the trillions spent on QE so far had gone towards the energy transition, we would be on our way to a zero-carbon world Colin Hines is a member of the Green New Deal Group. […]
If the trillions spent on QE so far had gone towards the energy transition, we would be on our way to a zero-carbon world Colin Hines is a member of the Green New Deal Group. […]
Silicon Valley Bank collapsed last month because there was a run on the bank and they didn’t have the assets to cover their customers deposits. They were trading insolvent, in other words, even though they […]
Incisive read explaining why Central Bank ‘solutions’ to the banking crisis aren’t actually fixing anything. Mareike Beck is a Leverhulme Early Career Fellow at King’s College London. Cross-posted from the LSE EUROPP blog Banking is […]
This is a crisis of the Central Bankers making. To fix it, they must radically shift policy. Richard Murphy is an economic justice campaigner. Professor of Accounting, Sheffield University Management School. Chartered accountant. Co-founder of the […]
Interest rates were attached to Quantitative Easing, so that banks get interest on money created by the BoE, in which they have done nothing to earn. Now interest rates are rising, and those banks are […]
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