Thursday, March 31, 2016
Thursday, March 10, 2016
Wednesday, March 9, 2016
BANK OF ENGLAND SUMMARY
There are a number of misconceptions about bail-in. The
article concludes by explaining how bail-in:
• is not an alternative term for contingent capital
• does not interfere unduly with shareholder and creditor
• is unlikely to be a cause of contagion to the wider
financial system; and
• is not, by itself, the silver bullet that ends ‘too big to
BANK OF ENGLAND ARTICLE ON BAIL INS
Posted by nickglais at 1:38 PM
Sunday, March 6, 2016
Russian Academy of Sciences, Blue Room
Round table "Anti-crisis fiscal policy of the state in the interests of economic development of Russia".
The main report "To a new understanding of the function of the banking sector: the mechanism of productive credit creation and quantitative easing" was delivered by Professor Richard Werner, a leading international expert on central banks, the author of the idea of "quantitative easing."
Moderator of the event - Vladimir Yakunin, President of Russian Railways.
Political Economy Research finds this presentation by Richard Werner in Moscow to be a very useful summary of dissonance between reality and bourgeois Political Economy in 21st century
Posted by nickglais at 5:26 AM