Mervyn the Money Magician Exposes How It Really Works

Is all the pain of recession and public sector pension attacks really worth it? Surely not when we have the ability to create money out of thin air and spend it into the economy!

OECD calls for more central bank action on money supply‏

A few months ago the pro market OECD gave the thumbs up to austerity but now they are in retreat and yesterday said central banks must issue debt free electronic money to prevent slide into economic depression. http://www.guardian.co.uk/business/2010/sep/09/oecd-advice-to-g7

A taste of things to come?‏

Greek workers fighting to defend pensions have called a one-day general strike for 20 May http://www.reuters.com/article/idUSTRE64B1SH20100512