British Left Unveils Plan to “Weaponize” the Bank of England
The Labour Party wants the Bank of England to actively promote certain industries over others, not realizing that the Bank has already been doing this indirectly for decades.
The Labour Party wants the Bank of England to actively promote certain industries over others, not realizing that the Bank has already been doing this indirectly for decades.
Why do central banks still hold so much gold if it's not money? Ronald Stöferle and Jeff Deist discuss why.
It's important to remember that the government can engage in credit expansion through many ways other than directly inflating the money supply.
The real impediment to economic growth has been the relentless central bank tampering with financial markets.
As planned by Chavez, barter is indeed replacing currency transactions throughout the economy but with hardly the results the late socialist envisioned.
Turning toward sound money and freer trade with the US could help free Britain from Brussels and Berlin.
Jeff Deist and Daniel Lacalle discuss what rising interest rates will mean, and why academics and bankers are so clueless about the monetary side of financial markets.