Tag Archives: money

Global Monetary Reform: Is Mark Carney – Outgoing Governor of the Bank of England the Smartest Guy in the Room?

Submitted by Terence Blackett “If it ain’t broke, don’t fix it” may have a nice ring to it, however, an engagingly crucial question confronts the majority of us who depend upon jobs, wages, PAYE, bank accounts & all the miscellaneous hardware & software transactions required for daily use. For the UNBANKED and for those especially trying to skirt foreign exchange

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What Money Is NOT!

Submitted by People’s Democratic Congress (PDC) In Barbados, the ONLY good and satisfactory measure of the total amount of money that is in stock and in circulation at any points in time in this country is money itself. Also, in Barbados, the ONLY good and satisfactory measure of those net positive/negative financial outcomes that are produced through  the use of

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Are Our Foreign Reserves Under Threat?

Submitted by People’s Democratic Congress (PDC) In Barbados, there are many economic myths that are peddled by the likes of DLP and BLP spokespersons on so-called economic affairs of the country. One such set of myths is their stating that whenever many individuals, households, firms and other entities in Barbados go and purchase goods and services on cash/debit terms from

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