banking

http://www.euronews.com/2017/09/05/scotlands-government-says-will-create-new-national-investment-bank This seems like a reversal of the global trend to privatization of all government owned assets. In the past, government owned banks have played a pivotal role in industries such as agriculture...

It is reported that Lloyds Bank is increasing its provision for payment of compensation for mis-selling payment protection insurance by £1.8 billion to nearly £10 billion: I have two questions about this, one moral and one economic: 1 how many people have been or will be sent to jail for...

I love this article, it points out that real wealth comes from those who produce real goods and services. In order for a nation to be wealthy, it must produce an abundance of goods and services. The more cell phones that are produced, the cheaper cell phones become; hence, the better off...

Some of my otherwise level-headed friends appear to have been taken in by theories about how the fractional reserve banking system is somehow a major problem. Specifically, they've been impressed by the book 'Web of Debt' by Ellen Hodgson Brown. It's a thick volume, but my initial impression is...

Since the economy has gotten our attention, I though this would be a good topic to help us all understand a little better how our economic system is structured. Factcheck.org explains it in easy to understand language.

Central Banks Add Cash to Avert Crisis of Confidence How thoughtful of the Fed. They're pledging to debase my hard-earned dollars with their fiat money created out of thin-air. And what better people to give my hard-earned purchasing power to, than those wonderful folks in the subprime...