Central Banks are attacking crypto-currencies. An example is Frank Elderson, who is Vice-Chair of the Supervisory Board of the ECB, recently (March 16th) said that: “Crypto-assets are volatile. They lack any intrinsic value and there is no reliable institution backing them.” Some commentators have, users of Bitcoin for example, have argued that this is outdated...Read More

Following its comparative analysis of the US Federal Reserve and the European Central Bank, published in 2018, fellows at GPI London are responding to Christine Lagarde’s call for submissions to the ECB’s own review that is to be completed end of 2020. The GPI team have split their efforts into an economic review and a...Read More

The ‘America First’ Endgame argues that we are currently witnessing the ‘endgame’ of the international system established by the USA in the immediate post-WWII period. It is against this background that the US has enacted a new monetary, fiscal, trade and foreign policy mix, ‘America First’, which amounts to a coherent and comprehensive financial war...Read More

Federal Central Banks is a unique study that critically examines the role and impact of central banks in federal and confederal political systems. It has been written and compiled by members of the Banking and Monetary Committee of the Global Policy Institute. It conducts a detailed examination of the history, design and operation of central banking...Read More

Members of the Banking and Monetary Committee of the Global Policy Institute London are assessing the relative effectiveness of the US Federal Reserve Bank in comparison to the European Central Bank. The project takes as its assumption that federal political systems are always dynamic and subject to change. Central banks are a key institution in...Read More