Post by peterv on Jan 4, 2013 9:54:15 GMT
In October 2012, Andy Haldane from the Bank of England gave a speech which was widely reported as saying that "Occupy were right".
www.telegraph.co.uk/finance/newsbysector/banksandfinance/9641806/Occupy-protesters-were-right-says-Bank-of-England-official.html
However, his speech fell far short of giving support to the real banking reforms needed. He did not even question the role of banks in creating our money supply!! You can see a good critique of his speech on the Positive Money blog here
www.positivemoney.org/2012/12/bank-of-england-official-occupy-were-right-video/
www.telegraph.co.uk/finance/newsbysector/banksandfinance/9641806/Occupy-protesters-were-right-says-Bank-of-England-official.html
However, his speech fell far short of giving support to the real banking reforms needed. He did not even question the role of banks in creating our money supply!! You can see a good critique of his speech on the Positive Money blog here
www.positivemoney.org/2012/12/bank-of-england-official-occupy-were-right-video/