Jump to content
House Price Crash Forum

Banks - Reform Not Regulation -Students Conference

Recommended Posts


Does the fundamental design of the banking system automatically lead to an unstable, unproductive, unfair and unsustainable economy and society? If the answer is yes, then should we take the opportunity to truly fix the problem now, or simply make superficial changes and start saving up for the next bailout?

Hard times are ahead: in 1960, your first house would have cost you, on average, 3.6 times the average yearly wage. Now you can expect to pay 6.6 times your wage. The average adult in the UK owes £29,918, including mortgages. Many of us can expect to owe this much upon leaving university.


....seems like a timely debate...... :rolleyes:

Link to post
Share on other sites
What’s The Problem?

When money is created by the state, it is added to government revenue and reduces the amount of taxes that businesses and families need to pay. However, most money now is no longer created by the state. Instead, thanks to the rules governing banking, money is created by commercial, profit-seeking banks every time they issue a loan or mortgage. Rather than going to reduce the taxes that we have to pay, it is used to generate huge profits for the banking sector, all whilst indebting UK households and businesses and sowing the seeds of the next financial crisis. This system effectively provides a subsidy to the banking sector of up to £100billion each year – a subsidy that, one way or another, comes out of your pocket.

....new angle...?... :unsure:

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 415 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.