Tag Archives: central banks

The world needs a new currency

The following article by Robert Pringle was published by The Christian Science Monitor on July 27. The financial crisis, the 2008/09 recession, the banking scandals that have followed, and today’s limping recovery are all linked. The common factor is the absence of a real international monetary and banking order. Only when such an order is restored will…
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Written on July 29, 2012 at 7:42 pm, by robert

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Categories: Homepage, News and Comment, Part IV: The Power of Global Finance, RP's Diary, The Ikon
Tags: Alan Greenspan, Bretton Woods, central banks, China, dollar, euro, Federal Reserve, gold, India, Japan, US

What is the “Money Trap”?

I am in Hong Kong, enjoying a wonderful view over the harbour towards Kowloon. Here, it seems to be always boom time. Hong Kong has its occasional crashes and crises, but the default mode is one of optimism, expansion, innovation. Hong Kong is a crucial bridge between Europe and Asia, between the City of London,…
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Written on May 13, 2012 at 4:24 pm, by Kristen Harrison

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Categories: "Gold", Banking, Homepage, News and Comment, Official Money, RP's Diary
Tags: central banking, central banks, city of london, economics, economy, finance, hong kong, JPM, kowloon, robert pringle, The Money Trap