Thread for people interested in Global Issues
31642013
31642013
Great song the flobots have some good lyrics :
Last edited by eazyas 15 years ago
Here is a link to part of the website of the bank of england, the main central bank in england. Here they admit all the things they have been accused of i.e. The Fact that a small elite group (9 people) control the econemy completly independatly from government and that they create money from thin air then lend it out with intrest attached ect. Here it is is plain veiw, straight from the horses mouth for all who doubt to read. enjoy.
http://www.bankofengland.co.uk/monetarypolicy/pdf/qe-pamphlet.pdf
The group of people who decide on the quantity of money in the country are known as the MPC :
How is the MPC made up?
The MPC has nine members, who serve fixed terms after which they may be replaced or re-appointed: the governor, two deputy governors, chief economist, executive director for markets and four external members.
Governor: Mervyn King
Deputy governor: Charles Bean
Deputy governor: Paul Tucker
Chief economist: Spencer Dale
Executive director for markets: Paul Fisher
External members: David Miles, Adam Posen, Andrew Sentance, Martin Weale
A representative from the Treasury also sits with the MPC at its meetings to discuss policy, but is not allowed to vote.
A small byte explaining qe
in this latest episode max talks about rare earth metals

First