An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Dick Bove are you listening, the 2,000 bank lobbyists are you listening? Dodd, Frank, Schummer, are you listening? Time to dump the cartel and put the money control back into the US treasury at zero interest rate cost to the american people.
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Dick Bove are you listening, the 2,000 bank lobbyists are you listening? Dodd, Frank, Schummer, are you listening? Time to dump the cartel and put the money control back into the US treasury at zero interest rate cost to the american people.
For those interested, here is a full list of banks under investigation:
http://www.forbes.com/sites/eamonnfingleton/2012/07/03/whos-at-risk-listing-the-banks-that-have-been-named-in-the-libor-affair/
Warren Mosler has been advocating non-use of LIBOR for years...
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