Category Archives: Tax

Inflation: Dr. Jekyll and Mr. Hyde

It has been said over the past few years, that the presence of elevated inflation in the economy can help to reduce the debt burden. One way to do this is monetising debt by using the Bank of England printing … Continue reading

Posted in Austerity, Bank of England, BOE, Debt, Euro Zone, Osborne, Quantitative Easing, Tax, Tax Cuts, UK, Unemployment | Tagged , , , , , , , , , , | Leave a comment

Sachs Hits Out At US Inequality From Taxes To Corruption in Congress

Last night Professor Jeffery Sachs gave a great lecture at the London School of Economics on the long-term structural crisis facing the US. For 30 years successive governments have implemented policies aimed at making life easier for the 1% of … Continue reading

Posted in Banking, Climate Change, Democrats, Economics, Obama, Politics, Republicans, Tax, Tax Cuts, Unemployment, US | Tagged , , , , , , , , | Leave a comment

The Paradox of Austerity

Martin Wolf of the Finanical Times, spoke on BBC’s Newsnight last night of the UK’s Paradox of Thrift. This was first phrased by Keynes and it basically means that when consumers decide to save money in  a recession and deleverage, … Continue reading

Posted in Austerity, Bailout, Bank of England, BOE, Cameron, Conservatives, Debt, Economics, Euro Zone, Osborne, Recession, Tax, UK, Unemployment | Tagged , , , , , , , | Leave a comment

In The Know

August 18 2011 WSJ – Fed Eyes European Banks : Regulators Scrutinize Ability of Institutions’ U.S. Units to Fund Themselves Federal and state regulators, signaling their growing worry that Europe’s debt crisis could spill into the U.S. banking system, are intensifying their … Continue reading

Posted in Bank of England, Bloomberg, BOE, China, Daily Telegraph, Debt, Euro Zone, European banks, Fed, Federal Reserve Bank of New York, Gold, Merkel, Monetary Policy Committee, Quantitative Easing, Recession, Reuters, Sarkozy, Tax, Unemployment | Leave a comment