Professor Richard Werner is the inventor of the term “Quantitative Easing”, (QE). He argues that small local banks are a good way to support growth through “Quantitative Easing for local economies”. This is done using the banks power of creating money and allocate them within the SME-sector, including green- and social enterprises, where most jobs are created. He is currently involved in starting the “Hampshire Community Bank” aimed at the local economy in Hampshire. The project provides a structure within which small banks can build a network and support innovation.
sexta-feira, 6 de novembro de 2015
Richard Werner - Cooperative banks and the local economy (with slides)
Professor Richard Werner is the inventor of the term “Quantitative Easing”, (QE). He argues that small local banks are a good way to support growth through “Quantitative Easing for local economies”. This is done using the banks power of creating money and allocate them within the SME-sector, including green- and social enterprises, where most jobs are created. He is currently involved in starting the “Hampshire Community Bank” aimed at the local economy in Hampshire. The project provides a structure within which small banks can build a network and support innovation.