April 18th, 2017 The production of money is ultimately the struggle for control over resources, wealth, people and our environment. But there is a surprising level of ignorance around how banks create money out of thin air and the benefits which flow from it. So on this programme we shine a much-needed light on who should get the privilege of creating our money. Host Ross Ashcroft is joined by the economist and author of the recent book The Production of Money, Ann Pettifor and founder of banking platform Seascader, Steven Round. To watch, visit the programme’s site here: https://www.rt.com/shows/renegade-inc/385161-resources-control-bank-money/
Topics:
Ann Pettifor considers the following as important: Anglo-American financial crisis, Bank bail-outs, Bank of England, British banking, International financial system, money
This could be interesting, too:
Lars Pålsson Syll writes MMT — debunking the deficit myth
Steve Roth writes Actually, Only Banks Print Money
Frances Coppola writes What was the real reason for the Bank of England’s gilt market intervention?
Peter Dorman writes Money Illusion in the Twenty-First Century
April 18th, 2017
The production of money is ultimately the struggle for control over resources, wealth, people and our environment. But there is a surprising level of ignorance around how banks create money out of thin air and the benefits which flow from it. So on this programme we shine a much-needed light on who should get the privilege of creating our money. Host Ross Ashcroft is joined by the economist and author of the recent book The Production of Money, Ann Pettifor and founder of banking platform Seascader, Steven Round.
To watch, visit the programme’s site here: https://www.rt.com/shows/renegade-inc/385161-resources-control-bank-money/