In an interview, the Australian economist Steve Keen answers the question how money gets created. Moreover, he suggests a “polite way to get rid of an excessive banking sector.“
Posts Tagged ‘Finance’
“Banks fundamentally run on double-entry book keeping“
The world is going back to gold
Gold market analyst Jan Nieuwenhuijs talks about his expectations when it comes to economics and finance. Nieuwenhuijs thinks the current crisis will likely result in a change of the international monetary system.
On the subject of „productive credit creation“
Money creation via debt has consequences, especially when the „level of private debt grows faster than income“ and the financial markets see „an increase in the share of speculative loans in the total volume of credit“. What about the benefits of „productive credit creation“ instead?
The Oil Market for 2013 and Beyond
In the following interview, the economist / oil market analyst Maarten van Mourik says that the fundamentals suggest sustained strong pricing of oil. „Apart from the consumer,“ he argues, „there’s nobody with a real interest in lower prices.“