British Left Unveils Plan to “Weaponize” the Bank of England
The Labour Party wants the Bank of England to actively promote certain industries over others, not realizing that the Bank has already been doing this indirectly for decades.
The Labour Party wants the Bank of England to actively promote certain industries over others, not realizing that the Bank has already been doing this indirectly for decades.
As investments — previously thought to be profitable — turn out to be flops, firms will start liquidating unfinished projects and layoffs will begin.
The real impediment to economic growth has been the relentless central bank tampering with financial markets.
As planned by Chavez, barter is indeed replacing currency transactions throughout the economy but with hardly the results the late socialist envisioned.
Turning toward sound money and freer trade with the US could help free Britain from Brussels and Berlin.
The gold standard, if not abused, is not conducive to boom-bust cycles.
Some investors and entrepreneurs are good at guessing future trends. Economics, however, isn't what gives them the tools to do so.