Deficit panic – budget austerity and the real cuts agenda

Money-supply

English: The Euro money supply from September ...

New Zealand money supply 1988-2008

The money supply of Australia 1984-2007.

 

 

 

 

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 Continue reading

Robin Hood Tax to be launched at 0.05am on Wednesday

The Robin Hood Tax is the UK version of the Tobin Tax which was at the beginning of ATTAC in France ten years ago.

As an anti-poverty campaign, it is more pragmatic than the economic theories of Tobin Tax definitions or the political demands of the Attac network.

Supported by a coalition of 48 organisations, the Robin Hood Tax campaign spells out what the income should be spent on.

And in the spirit of our times, it uses Twitter and YouTube.

The video is set to private until the launch, which is set to 0.05am in parallel with the 0.05% tax that Robin Hood wants to take.

Updates are on this page.