Comments for Simon Dixon's Blog http://www.simondixon.org Banking & Monetary Reform Wed, 01 Feb 2012 20:32:48 +0000 hourly 1 http://wordpress.org/?v=3.3 Comment on Sir Fred Goodwin become simply Fred Goodwin by Simon Dixon http://www.simondixon.org/sir-fred-goodwin-become-simply-fred-goodwin/2012/02/01/comment-page-1/#comment-9619 Simon Dixon Wed, 01 Feb 2012 20:32:48 +0000 http://www.simondixon.org/?p=1022#comment-9619 Thanks for sharing your experience. Simon Dixon Thanks for sharing your experience.

Simon Dixon

]]> Comment on Sir Fred Goodwin become simply Fred Goodwin by Lee Jakeman http://www.simondixon.org/sir-fred-goodwin-become-simply-fred-goodwin/2012/02/01/comment-page-1/#comment-9618 Lee Jakeman Wed, 01 Feb 2012 20:16:29 +0000 http://www.simondixon.org/?p=1022#comment-9618 It's the same with ban bonuses. After the bailouts, the banks struggled to return to profitability. This they did by bringing in more business. The people who brought in the new business were given bonuses for having DONE A GOOD JOB at turning things around. It’s the same with ban bonuses. After the bailouts, the banks struggled to return to profitability. This they did by bringing in more business. The people who brought in the new business were given bonuses for having DONE A GOOD JOB at turning things around.

]]> Comment on About by Whither the Economy in 2012? | Defend Marriage in Scotland http://www.simondixon.org/about/comment-page-1/#comment-9397 Whither the Economy in 2012? | Defend Marriage in Scotland Fri, 06 Jan 2012 22:34:01 +0000 http://www.benedix.co.uk/simondixon/?page_id=2#comment-9397 [...] former investment banker and campaigner for banking and monetary reform Simon Dixon has a post with his predictions for the next few years [...] [...] former investment banker and campaigner for banking and monetary reform Simon Dixon has a post with his predictions for the next few years [...]

]]> Comment on 2012 Winners And Losers – Will You Still Be Playing in 2017? by Simon Dixon http://www.simondixon.org/2012-winners-and-losers-will-you-still-be-playing-in-2017/2012/01/02/comment-page-1/#comment-9380 Simon Dixon Thu, 05 Jan 2012 17:58:29 +0000 http://www.simondixon.org/?p=1001#comment-9380 Thanks for the feedback. ;-) Thanks for the feedback. ;-)

]]> Comment on 2012 Winners And Losers – Will You Still Be Playing in 2017? by gaz http://www.simondixon.org/2012-winners-and-losers-will-you-still-be-playing-in-2017/2012/01/02/comment-page-1/#comment-9377 gaz Thu, 05 Jan 2012 15:29:29 +0000 http://www.simondixon.org/?p=1001#comment-9377 Simon, the music you use on your videos etc. is a bit dark and sinister don't you think? Wouldn't something lighter be better? Simon, the music you use on your videos etc. is a bit dark and sinister don’t you think? Wouldn’t something lighter be better?

]]> Comment on 2012 Winners And Losers – Will You Still Be Playing in 2017? by Simon Dixon http://www.simondixon.org/2012-winners-and-losers-will-you-still-be-playing-in-2017/2012/01/02/comment-page-1/#comment-9368 Simon Dixon Wed, 04 Jan 2012 08:15:24 +0000 http://www.simondixon.org/?p=1001#comment-9368 Thanks for the comment although I am not so sure those elites still run banking anymore. Most of the banks are public companies owned by our pension funds. So it really is you and me that are the bankers! It seems more like an ignorance thing to me than conspirect, as I found at after finding out most bankers and politicians understanding about how money is created. It has been spread by misguided economic theories taught at our worlds largest universities. Simon Dixon Thanks for the comment although I am not so sure those elites still run banking anymore. Most of the banks are public companies owned by our pension funds.

So it really is you and me that are the bankers!

It seems more like an ignorance thing to me than conspirect, as I found at after finding out most bankers and politicians understanding about how money is created.

It has been spread by misguided economic theories taught at our worlds largest universities.

Simon Dixon

]]> Comment on 2012 Winners And Losers – Will You Still Be Playing in 2017? by Traian http://www.simondixon.org/2012-winners-and-losers-will-you-still-be-playing-in-2017/2012/01/02/comment-page-1/#comment-9365 Traian Wed, 04 Jan 2012 07:11:19 +0000 http://www.simondixon.org/?p=1001#comment-9365 Excellent blog, insights and comments. Keep up the good work. More and more people have to be educated on the fraud committed by banksters. Unfortunately, the elites running the banking cartels (Rothschild et all) will keep their profitable game going as long as possible, and most likely only ending in war, certainly not voluntarily. Excellent blog, insights and comments. Keep up the good work. More and more people have to be educated on the fraud committed by banksters. Unfortunately, the elites running the banking cartels (Rothschild et all) will keep their profitable game going as long as possible, and most likely only ending in war, certainly not voluntarily.

]]> Comment on About by Simon Dixon http://www.simondixon.org/about/comment-page-1/#comment-8760 Simon Dixon Thu, 24 Nov 2011 08:37:02 +0000 http://www.benedix.co.uk/simondixon/?page_id=2#comment-8760 First the rfeomr I propose is not really mine, is comes from reading the entire history of monetary thought. I simply promote this school of thought. Capitalism will never be perfect we can only hope for the best system measured by freedom. There will always be people that value money more highly than others and work harder to accumulate it, but if you sort out the flaws of fractional reserve banking, this will be more of a choice than it is today. There will be further reforms after this, this is just my mission to put stability back into finance and money. The rules need changing, and they will need further changes after too. Hope this helps. Simon Dixon First the rfeomr I propose is not really mine, is comes from reading the entire history of monetary thought. I simply promote this school of thought.

Capitalism will never be perfect we can only hope for the best system measured by freedom.

There will always be people that value money more highly than others and work harder to accumulate it, but if you sort out the flaws of fractional reserve banking, this will be more of a choice than it is today.

There will be further reforms after this, this is just my mission to put stability back into finance and money.

The rules need changing, and they will need further changes after too.

Hope this helps.

Simon Dixon

]]> Comment on About by livesurrender http://www.simondixon.org/about/comment-page-1/#comment-8759 livesurrender Thu, 24 Nov 2011 08:03:10 +0000 http://www.benedix.co.uk/simondixon/?page_id=2#comment-8759 Hi Simon, the Monetary Reform of yours sounds like a good idea. Money should work for its use-value. But are u sure that capitalism could work without accumulation of capital? And besides economy, which majorities do u see in global societies that are ready for your 'money-revolution'? The debt regime has lots to loose ... Greetings, livesurrender Hi Simon,

the Monetary Reform of yours sounds like a good idea. Money should work for its use-value. But are u sure that capitalism could work without accumulation of capital?

And besides economy, which majorities do u see in global societies that are ready for your ‘money-revolution’? The debt regime has lots to loose …

Greetings,
livesurrender

]]> Comment on What happened to your money by Simon Dixon http://www.simondixon.org/what-happened-to-your-money/2011/10/20/comment-page-1/#comment-8712 Simon Dixon Sun, 20 Nov 2011 08:45:47 +0000 http://www.simondixon.org/?p=882#comment-8712 Thanks for your support Neil. Simon Dixon Thanks for your support Neil.

Simon Dixon

]]> Comment on What happened to your money by Neil MacLeod http://www.simondixon.org/what-happened-to-your-money/2011/10/20/comment-page-1/#comment-8711 Neil MacLeod Sun, 20 Nov 2011 03:57:37 +0000 http://www.simondixon.org/?p=882#comment-8711 Absolutely love your initiative. Hope the Red Shield is 'on side' with it all. Absolutely love your initiative. Hope the Red Shield is ‘on side’ with it all.

]]> Comment on Occupy London: Are they wasting their time? by Simon Dixon http://www.simondixon.org/occupy-london-are-they-wasting-their-time/2011/11/14/comment-page-1/#comment-8638 Simon Dixon Tue, 15 Nov 2011 12:46:16 +0000 http://www.simondixon.org/?p=910#comment-8638 Still editing. Will let you know the second it is ready. Simon Dixon Still editing. Will let you know the second it is ready.

Simon Dixon

]]> Comment on Occupy London: Are they wasting their time? by Isaac http://www.simondixon.org/occupy-london-are-they-wasting-their-time/2011/11/14/comment-page-1/#comment-8637 Isaac Tue, 15 Nov 2011 12:32:21 +0000 http://www.simondixon.org/?p=910#comment-8637 Hmm...ok Could you please provide the link to part 2? Hmm…ok

Could you please provide the link to part 2?

]]> Comment on Occupy London: Are they wasting their time? by Simon Dixon http://www.simondixon.org/occupy-london-are-they-wasting-their-time/2011/11/14/comment-page-1/#comment-8636 Simon Dixon Tue, 15 Nov 2011 11:44:58 +0000 http://www.simondixon.org/?p=910#comment-8636 He is thinking very hard, but he knows what is wrong. He definitely understands the issues. Watch this space. Simon Dixon He is thinking very hard, but he knows what is wrong. He definitely understands the issues. Watch this space.

Simon Dixon

]]> Comment on Occupy London: Are they wasting their time? by Isaac http://www.simondixon.org/occupy-london-are-they-wasting-their-time/2011/11/14/comment-page-1/#comment-8634 Isaac Tue, 15 Nov 2011 11:12:18 +0000 http://www.simondixon.org/?p=910#comment-8634 Has he been making any efforts to improve the situation or has been merely commenting on it? Has he been making any efforts to improve the situation or has been merely commenting on it?

]]> Comment on Occupy London: Are they wasting their time? by Simon Dixon http://www.simondixon.org/occupy-london-are-they-wasting-their-time/2011/11/14/comment-page-1/#comment-8622 Simon Dixon Mon, 14 Nov 2011 18:49:48 +0000 http://www.simondixon.org/?p=910#comment-8622 "Of all the many ways of organizing banking, the worst is the one we have today" Mervyn King I agree. Thanks for your comment. Simon Dixon “Of all the many ways of organizing banking, the worst is the one we have today” Mervyn King

I agree. Thanks for your comment.

Simon Dixon

]]> Comment on Occupy London: Are they wasting their time? by Isaac http://www.simondixon.org/occupy-london-are-they-wasting-their-time/2011/11/14/comment-page-1/#comment-8621 Isaac Mon, 14 Nov 2011 18:23:43 +0000 http://www.simondixon.org/?p=910#comment-8621 Hi Simon! Great to see someone has taken the effort to educate the protestors. I was thinking about the monetary system the other day. It is quite easy to understand it and the concept of how money is created in the economy. This system has been in place for so long and we have had many recessions as a result. Why then has no one else thought about it and acted to improve it before? There are so many nobel laureates and highly intellectual economics academics!! Hi Simon!

Great to see someone has taken the effort to educate the protestors.

I was thinking about the monetary system the other day. It is quite easy to understand it and the concept of how money is created in the economy. This system has been in place for so long and we have had many recessions as a result. Why then has no one else thought about it and acted to improve it before? There are so many nobel laureates and highly intellectual economics academics!!

]]> Comment on Occupy London: Are they wasting their time? by Andy Huxtable http://www.simondixon.org/occupy-london-are-they-wasting-their-time/2011/11/14/comment-page-1/#comment-8620 Andy Huxtable Mon, 14 Nov 2011 17:50:54 +0000 http://www.simondixon.org/?p=910#comment-8620 A great presentation. And. at. last. someone who speaks the truth All we need now is people to wake up to the fact. there is no government A great presentation. And. at. last. someone who speaks the truth All we need now is people to wake up to the fact. there is no government

]]> Comment on Spain downgraded, the UK next by Simon Dixon http://www.simondixon.org/spain-downgraded-the-uk-next/2011/10/14/comment-page-1/#comment-8441 Simon Dixon Wed, 19 Oct 2011 13:31:46 +0000 http://www.simondixon.org/?p=863#comment-8441 My conclusion that increasing reserves will lead to a depression is because we operate in a system where money is debt. If you ask banks to increase reserves this is met by a contraction in lending and therefore money. The only reason we are where we are is because banks have continually increased the money supply by issuing more credit. There are two rules to the current economy: 1. If we want more money, we have to have more debt. 2. If we want less debt we have to have less money. Asking banks to increase reserves results in less credit and less money. Asking them to lend more ends up in over indebtedness. There is no way this system can continue. Thanks for sharing Simon Dixon My conclusion that increasing reserves will lead to a depression is because we operate in a system where money is debt. If you ask banks to increase reserves this is met by a contraction in lending and therefore money.

The only reason we are where we are is because banks have continually increased the money supply by issuing more credit.

There are two rules to the current economy:

1. If we want more money, we have to have more debt.
2. If we want less debt we have to have less money.

Asking banks to increase reserves results in less credit and less money. Asking them to lend more ends up in over indebtedness.

There is no way this system can continue.

Thanks for sharing

Simon Dixon

]]> Comment on Spain downgraded, the UK next by Simon Dixon http://www.simondixon.org/spain-downgraded-the-uk-next/2011/10/14/comment-page-1/#comment-8440 Simon Dixon Wed, 19 Oct 2011 13:28:32 +0000 http://www.simondixon.org/?p=863#comment-8440 Hi Richard, Thanks for sharing. The problem comes in when you factor in all debt. We have more debt in the economy than money. We are trading from a position of insolvency. Bonds are repaid by issuing more bonds and they cannot repay forever as eventually investors appetitive to fund a poinzi scheme will be met with credit rating downgrades as we have seen in the Eurozone. Paying debt with more debt has never been a sustainable model. Simon Dixon Hi Richard,

Thanks for sharing. The problem comes in when you factor in all debt. We have more debt in the economy than money. We are trading from a position of insolvency. Bonds are repaid by issuing more bonds and they cannot repay forever as eventually investors appetitive to fund a poinzi scheme will be met with credit rating downgrades as we have seen in the Eurozone.

Paying debt with more debt has never been a sustainable model.

Simon Dixon

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