Nicholas Shaxson, author of The Finance Curse was my guest on today’s show. The Finance Curse lays out the case that an over-sized financial sector can be as much of a drain on a country’s economy as a resource like oil or copper, where one industry sucks money, talent, and investment out of…
Tag: corporations
How Quantitative Easing Created £375 Billion
Have you ever wondered what happened to the £375 billion, equivalent to £6,000 for every man, woman and child in the UK, created by the bank of England electronically? Maybe you didn’t even know that the Bank of England could do this, or that they ever had. Sounds suspiciously like a magic money…
