The FT has an article this morning with the headlines: How central banks beat back the ‘bond vigilantes’ Unlimited bond buying has made it near
Read the full article…
At long last the government can borrow straight from the Bank of England – as modern monetary theory has always suggested it should
In today’s FT Alphaville was this pure gem: Hidden in last Thursday’s announcement from the Bank of England that it intends to buy another £200bn-worth of mostly
Read the full article…
Coronavirus QE from the Bank of England has to have conditions attached for the sake of us all
The Bank of England has now announced the creation of a coronavirus quantitative easing programme. In broad terms I welcome this, but I am concerned
Read the full article…
The government can create all the money we need: an explanation
I have argued that now is the time for the government to create all the money that might be needed to keep our economy going
Read the full article…
The banks are using this crisis to demand that we go back to the rules of 2007 so that they can exploit us all over again
As the Financial Times has reported this morning: The global banking industry is demanding regulators relax or delay a raft of post-crisis rules on everything
Read the full article…
If small business uses £1 billion of the £330 billion government loan guarantee scheme I’ll be astonished – because it’s written so that they can’t get access to it
This is what the government-owned British Business Bank has to say about the new loan guarantee facility of £330 billion for UK businesses, and how
Read the full article…
What we need now is honest accounting and not a revision to IFRS9
There is an article in the Financial Times today that says: New accounting rules could cripple parts of the banking sector by forcing earlier recognition
Read the full article…
Bankers just chose to be climate change activist targets
The FT has reported this afternoon that: The leaders of major banks and other financial companies have rejected suggestions that they are not doing enough
Read the full article…
BEPS Policy Failure – The Case of EU Country-By-Country Reporting
I argued for years that we needed country-by-country reporting. We did. We still do. And so far we have not got it. The only public
Read the full article…

Buy me a coffee!
