David Blanchflower is the economics editor of the New Statesman and has two other professorships, besides having been a member of the Bank of England’s Monetary Policy Committee.
His quotes inspired Ken MacIntyre to write these two articles where he puts into economic language and thinking what we monetary reformers have been saying for decades:
1. Public control of the money supply and credit creation
2. A financial transactions tax (Robin Hood Tax)
3. Restoration of controls on all exchange and capital movements across national borders
4. An end to speculation by banks (more…)
Filed under: Challenging the Recession, Banks, Financial Services Authority, Fractional Reserve Banking | Tagged: Money supply, Cash Credit, crisis, Bank of England, Robin Hood Tax, Forum for Stable Currencies, spending cuts, Economic, David Blanchflower, steve keen, debt deflation, New Statesman, Monetary Policy Committee, George Osborne | 2 Comments »