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[94] Ann Pettifor: Private banks create 95% of UK money

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Our lead story: On Wednesday the U-S Supreme Court struck down caps on political contributions that had previously been ruled constitutional by the Supreme Court in 1976, thus allowing donors to give money to as many political candidates, parties, and committees as they wish. What are the consequences? Erin takes a look. The British are ...

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Our lead story: On Wednesday the U-S Supreme Court struck down caps on political contributions that had previously been ruled constitutional by the Supreme Court in 1976, thus allowing donors to give money to as many political candidates, parties, and committees as they wish. What are the consequences? Erin takes a look.



The British are coming!…to Boom Bust that is. World renowned economist Ann Pettifor about a range of issues, focusing on endogenous money and fiat currency. Check out this report Pettifor mentions: https://www.imf.org/external/pubs/ft/wp/2012/wp12202.pdf



Then, we move onto author and economist Robert Pringle, who gives his view on the central banking system and our ongoing recovery.



For the Big Deal, Edward Harrison joins Erin to talk about Instagram’s premium ad costs and how they stack up against other types of premium ads. They stack up pretty well indeed. Check it out.



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Ann Pettifor
I’m Ann Pettifor, author and analyst of the global financial system, and co-author of The Green New Deal (2008). I predicted an Anglo-American debt-deflationary crisis back in 2003, and in September, 2006 published The Coming First World Debt Crisis (Palgrave). I am known for my work on the sovereign debts of low income countries and for leading an international movement for the cancellation of debts, Jubilee 2000.

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