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The Pragmatist reports on banking innovation

Written by Simon Deane Johns Tuesday, 18 September 2012 09:11
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Thanks to IPPR and The Finance Innovation Lab for an invigorating seminar on bank reform.

 

I've noted some of the highlights below, but in summary: Chris Hewett gave a great overviewof the range of proposals;Richard Werner debunked the myth that interest rates drive economic growth and explained why the Bank of England must guide bank credit away from speculation and into productive firms; and Baroness Susan Kramer explained the work being done in Parliament.

 

To read the full article goto:

 

http://sdj-pragmatist.blogspot.co.uk/2012/09/credit-drives-growth-not-interest-rates.html

Last modified on Tuesday, 18 September 2012 11:35

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