By Ellen Brown / Web of DebtSep 21, 2016
Using technology developed for Bitcoin, central banks around the world could usher in a model of banking and credit that renders private banking obsolete. Dig deeper ( 7 Min. Read )
By Ellen Brown, Web of DebtJun 23, 2014
Today, however, central banks are on a global corporate buying spree not to bail out bankrupt corporations but simply as an investment, to compensate for the loss of bond income due to record-low interest rates. Central banks have become some of the world’s largest stock investors. Dig deeper ( 6 Min. Read )
Alexander Reed Kelly / TruthdigAug 7, 2012
At the height of the financial crisis, The Guardian identified 25 bankers, economists, politicians and financial officials who helped bring about the worst economic crisis since the Great Depression. What are they up to now? Dig deeper ( 2 Min. Read )
Staff / TruthdigJun 4, 2010
A new kind of specter is haunting Europe: debt. Hungary's new prime minister is reported to have said that there is only a slim chance that his country will evade a Greek-style debt crisis, a comment that sent domestic markets into a tizzy and saw the Hungarian currency drop more than 2 percent. Dig deeper ( 1 Min. Read )
Staff / TruthdigMay 2, 2010
Who would have thought that peace could be good for the economy? Ask Stanley Fischer, Israel's central bank chief, who delivered that startling pronouncement in a speech this weekend, arguing that a peace deal between his country and the Palestinians would actually help Israel achieve "one of the most advanced economies in the world." Dig deeper ( 1 Min. Read )
Staff / TruthdigJun 3, 2009
German Chancellor Angela Merkel expressed what she called "great skepticism" at the ability of central banks to resolve the economic crisis, hinting that reliance on the institutions in Europe, the U.S. and the U.K. might backfire. Dig deeper ( 1 Min. Read )
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