Bankers’ currency and Conservative deceptions

I enjoyed Jim Osborne‘s comment mentioning what he called “bankers’ currency”. Clearly bankers’ currency is what all currency now is. The only ‘recent’ example of currency that was not (but was in fact the Treasury’s rather than the bankers’) is the short-lived Bradbury’s. It showed that we do not actually need the bankers to produce… Read more

Democratic power?

Tony Benn used to say that Democracy transferred power from the wallet to the ballot. The Tories have succeeded in transferring it back again. They work for their funders. They have literally no other ideas – big or small. Their only big idea, Thatcherism, has turned out not to have worked that well, so keeping… Read more

Financial freedom seems to be feudalsim in different clothes

Money as Felix Martin has suggested, seems to give you both freedom and stability. He wonders whether this proposition is possible? After all it used not to be: Barons were for life and inherited that life – and feudal peasants the same. Today’s ‘freedom’ was unknown. Of course today’s freedom includes the freedom to be… Read more