Comments on: Money makes our heads go round – Guest Post by Hawkeye

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By: Hawkeye

Hawkeye — Mon, 25 Mar 2013 12:33:41 +0000

Here is a scholarly article by Norbert Häring on the Real World Economics Review site, that further substantiates much of the key points made in this post:

“The veil of deception over money: how central bankers and textbooks distort the nature of banking and central banking”

http://www.paecon.net/PAEReview/issue63/Haring63.pdf

Interesting to note the cosy Group of Thirty club and its “de-regulation” agenda (p13-15). This is in stark contrast to recent mumblings about the role of finance by Claudio Borio of the BIS:

http://www.economist.com/blogs/freeexchange/2012/12/reforming-macroeconomics

By: steviefinn

steviefinn — Tue, 27 Nov 2012 08:33:54 +0000

In reply to Roger Lewis. Another agent Smith ?

By: Roger Lewis

Roger Lewis — Tue, 27 Nov 2012 06:58:08 +0000

Goldman Sachs

Carney spent thirteen years with Goldman Sachs in its London, Tokyo, New York and Toronto offices. His progressively more senior positions included co-head of sovereign risk; executive director, emerging debt capital markets; and managing director, investment banking. He worked on South Africa’s post-apartheid venture into international bond markets, and was involved in Goldman’s work with the 1998 Russian financial crisis.[5]

Goldman’s role in the Russian crisis was criticized at the time because while the company was advising Russia it was simultaneously betting against the country’s ability to repay its debt.[7]

http://www.bbc.co.uk/news/business-20501990

I seriously question whether another GS old boy is what the

uk needs at the head of its Central Bank. This I think is bad news.

By: Phil

Phil — Thu, 15 Nov 2012 15:19:48 +0000

In reply to Phil. Sorry, what time did we say again?

By: Phil

Phil — Thu, 15 Nov 2012 15:19:24 +0000

In reply to Geowaverider. Haha!

By: Phil

Phil — Thu, 15 Nov 2012 15:18:59 +0000

In reply to Jamie_Griff. Good stuff.

By: Phil

Phil — Thu, 15 Nov 2012 15:18:32 +0000

In reply to Hawkeye.

Great.

I’m the drone who introduces David on this video ; )

http://www.youtube.com/watch?v=shK9lHmg9x8