Entries by Peter Morgan from 07/2012

Does the Bank of England make decisions that benefit one sector of society over everyone else?

| Posted 07.05.2012 | UK Politics

The Bank of England was originally formed by a group of bankers who would balance the sum of their transfers between each other's banks at the end of the trading day to reduce the number of transactions that would occur (only one payment of the total amount owed from each bank would be paid to the corresponding bank, reducing the administrative activity, to save time and money).

Funds of Social Want (FOSW) - A Better Way of Paying Tax?

| Posted 07.11.2012 | UK

A few years ago I developed the idea of tax reductions which were available if the deducted funds were used to pay for social benefits.

The Ostrich Removes its Head From the Ground - The Bank of International Settlements Admits a Second Credit Crunch is Likely

| Posted 07.18.2012 | UK

We are currently at a crossroads in the economic world. There are two options, either let the economy correct itself and lose billions in property values and business failures. Or continue to stimulate the economy through Quantitative Easing. Both of these options have terrible outcomes.