Comments on: Home http://www.simondixon.org Banking & Monetary Reform Wed, 01 Feb 2012 20:32:48 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Shamsul Duha http://www.simondixon.org/comment-page-2/#comment-6498 Shamsul Duha Fri, 17 Dec 2010 02:29:25 +0000 http://www.simondixon.org/?page_id=28#comment-6498 You briefly spoke about the islamic banking system. How does their system work in comparison to the UK/USA? Regards, Shamsul Duha You briefly spoke about the islamic banking system. How does their system work in comparison to the UK/USA?

Regards,

Shamsul Duha

]]> By: Jake http://www.simondixon.org/comment-page-2/#comment-6287 Jake Fri, 26 Nov 2010 23:37:37 +0000 http://www.simondixon.org/?page_id=28#comment-6287 Bloody Brilliant Simon.The crux of how the structure of our monetary economic system ,private entities creating the medium of wealth at a profit, defines and shapes the financial mess we are in. What strikes me as odd is that people or politiciians talk as though the national debt can be paid off...skimming away at the deficiet perphaps,but debt can never be paid off. With Monetary reform capitalism will truly flourish. Keep up the good work, Regards Bloody Brilliant Simon.The crux of how the structure of our monetary economic system ,private entities creating the medium of wealth at a profit, defines and shapes the financial mess we are in.

What strikes me as odd is that people or politiciians talk as though the national debt can be paid off…skimming away at the deficiet perphaps,but debt can never be paid off.

With Monetary reform capitalism will truly flourish.
Keep up the good work,

Regards

]]> By: Wasi http://www.simondixon.org/comment-page-2/#comment-6149 Wasi Mon, 15 Nov 2010 22:54:40 +0000 http://www.simondixon.org/?page_id=28#comment-6149 How the Bank of England lends to commercial banks? Does this create new money? What interest rate commercial banks pay on this borrowing? If this borrowing takes place at the BOE base rate, why the banks fail to pass these low rates to consumers? I.e. we can’t get a mortgage at 1% in current circumstances. Banks could compete on increased money supply at low interest rates, covering many times their costs during financial crises. Would also be beneficial for jump starting the economy. How the Bank of England lends to commercial banks? Does this create new money?
What interest rate commercial banks pay on this borrowing? If this borrowing takes place at the BOE base rate, why the banks fail to pass these low rates to consumers? I.e. we can’t get a mortgage at 1% in current circumstances. Banks could compete on increased money supply at low interest rates, covering many times their costs during financial crises. Would also be beneficial for jump starting the economy.

]]> By: barry newman http://www.simondixon.org/comment-page-2/#comment-5783 barry newman Mon, 18 Oct 2010 18:10:02 +0000 http://www.simondixon.org/?page_id=28#comment-5783 hi simon i spoke to you briefly as you were about to present at the KPI day yesterday. just wanted to say that both the times you spoke were enjoyable and once i get myself accustommed to the demands of the KPI programme i will get in touch. Glad that ALL your years of grafting are finally paying off. regards Barry Newman, KPI attendee. hi simon

i spoke to you briefly as you were about to present at the KPI day yesterday. just wanted to say that both the times you spoke were enjoyable and once i get myself accustommed to the demands of the KPI programme i will get in touch. Glad that ALL your years of grafting are finally paying off.
regards Barry Newman, KPI attendee.

]]> By: Sarah http://www.simondixon.org/comment-page-2/#comment-5761 Sarah Sat, 16 Oct 2010 15:50:51 +0000 http://www.simondixon.org/?page_id=28#comment-5761 Hi Simon quick question, is the bank of england privately owned? its just im doing my thesis on debt etc, and i've always thought it was privately owned, but according to oxford dictionary, its nationalised, which will make people think otherwise? Can you add some clarity please? Great work btw. Cheers Sarah Hi Simon

quick question, is the bank of england privately owned? its just im doing my thesis on debt etc, and i’ve always thought it was privately owned, but according to oxford dictionary, its nationalised, which will make people think otherwise? Can you add some clarity please?

Great work btw.

Cheers

Sarah

]]> By: B.Obama http://www.simondixon.org/comment-page-2/#comment-5681 B.Obama Mon, 11 Oct 2010 01:28:54 +0000 http://www.simondixon.org/?page_id=28#comment-5681 Hey Simon, It would be great if you could do a video presentation explaining what are the implications of the new monetary reforms that are being proposed, that you state will bring a balance in the economy. Thanks Hey Simon,

It would be great if you could do a video presentation explaining what are the implications of the new monetary reforms that are being proposed, that you state will bring a balance in the economy.

Thanks

]]> By: admin http://www.simondixon.org/comment-page-2/#comment-5632 admin Sun, 03 Oct 2010 19:45:45 +0000 http://www.simondixon.org/?page_id=28#comment-5632 Busted, The video editors made a typo. It was London School Of Business and Finance. Think I should get my money back. LOL. Simon Busted,

The video editors made a typo.

It was London School Of Business and Finance.

Think I should get my money back.

LOL.

Simon

]]> By: B. Obama http://www.simondixon.org/comment-page-2/#comment-5623 B. Obama Sat, 02 Oct 2010 18:17:42 +0000 http://www.simondixon.org/?page_id=28#comment-5623 Hey Simon, Would you be able to confirm if your presentaion on the 27/3/2009 was at the LSBF or LSFB. Because, it doesn't seem like there is an institution called LSFB or is that just a typo. Thanks Hey Simon,

Would you be able to confirm if your presentaion on the 27/3/2009 was at the LSBF or LSFB. Because, it doesn’t seem like there is an institution called LSFB or is that just a typo.

Thanks

]]> By: admin http://www.simondixon.org/comment-page-2/#comment-5604 admin Thu, 30 Sep 2010 18:02:16 +0000 http://www.simondixon.org/?page_id=28#comment-5604 Thanks John. I was giving a rough definition from UK to highlight the point for those not familiar. It is different in UK and US and my definition was simplistic. Thanks for the reference for those who want to research further. Simon Thanks John.

I was giving a rough definition from UK to highlight the point for those not familiar.

It is different in UK and US and my definition was simplistic.

Thanks for the reference for those who want to research further.

Simon

]]> By: john drummond http://www.simondixon.org/comment-page-2/#comment-5601 john drummond Thu, 30 Sep 2010 07:58:35 +0000 http://www.simondixon.org/?page_id=28#comment-5601 you go the definitions of money wrong http://en.wikipedia.org/wiki/Money_supply#United_Kingdom you go the definitions of money wrong

http://en.wikipedia.org/wiki/Money_supply#United_Kingdom

]]> By: admin http://www.simondixon.org/comment-page-2/#comment-5352 admin Wed, 01 Sep 2010 21:05:03 +0000 http://www.simondixon.org/?page_id=28#comment-5352 Hi Greg, I suggest attending one of my free webinars by visiting http;//www.benedix.co.uk/simon-dixon-webinar We can then see if we can work together. Simon Hi Greg,

I suggest attending one of my free webinars by visiting

http;//www.benedix.co.uk/simon-dixon-webinar

We can then see if we can work together.

Simon

]]> By: Greg http://www.simondixon.org/comment-page-2/#comment-5348 Greg Wed, 01 Sep 2010 10:27:37 +0000 http://www.simondixon.org/?page_id=28#comment-5348 Hi Simon, I am a Maths graduate from a top 10 UK university and worked for 6 months temping in banking financial support but left for a permanent job in the public sector. I graduated in 2002. I really want to get back into banking but I'm not sure if my CV will be strong enough. Can you offer any advise on how best to change career to get into this sector? or if this change is unrealistic now? I'm currently interested in Banking operations. Hi Simon,
I am a Maths graduate from a top 10 UK university and worked for 6 months temping in banking financial support but left for a permanent job in the public sector. I graduated in 2002. I really want to get back into banking but I’m not sure if my CV will be strong enough. Can you offer any advise on how best to change career to get into this sector? or if this change is unrealistic now? I’m currently interested in Banking operations.

]]> By: simondixon http://www.simondixon.org/comment-page-2/#comment-5313 simondixon Fri, 27 Aug 2010 11:03:30 +0000 http://www.simondixon.org/?page_id=28#comment-5313 No that is really not the message. The bank of England should be in charge of creating our money supply directly rather than indirectly through interest rates. This money supply should be debt free. The banking system is a capitalist competitive banking system that puts together borrowers and lenders with interest as the incentive. But they only lend real money rather than privately created money. That's it. Not anti capitalist or anti banking or anti interest. Just see the need for sustainable economics. Simon. No that is really not the message.

The bank of England should be in charge of creating our money supply directly rather than indirectly through interest rates. This money supply should be debt free.

The banking system is a capitalist competitive banking system that puts together borrowers and lenders with interest as the incentive.

But they only lend real money rather than privately created money.

That’s it.

Not anti capitalist or anti banking or anti interest.

Just see the need for sustainable economics.

Simon.

]]> By: Anuj Sachdev http://www.simondixon.org/comment-page-2/#comment-5302 Anuj Sachdev Wed, 25 Aug 2010 19:15:03 +0000 http://www.simondixon.org/?page_id=28#comment-5302 Hi Simon, This is the first time that I watched your video about monetary reform. Are you suggesting that there be only one bank i.e. the central bank and that too should not charge interest on money lent? If so, then wouldn't the extinction of the banking industry result in a severe contraction as it is this current large network of banks responsible for introducing money in every corner of every single economy. If interest charges go out of the equation then no entity would like to call itself a bank which will lead to lesser number or none banks at all. In such a situation who will give money to the public? Is a central bank capable of giving money directly to every single person of an economy? Are you suggesting a closure of the banking industry? Hi Simon,
This is the first time that I watched your video about monetary reform.

Are you suggesting that there be only one bank i.e. the central bank and that too should not charge interest on money lent? If so, then wouldn’t the extinction of the banking industry result in a severe contraction as it is this current large network of banks responsible for introducing money in every corner of every single economy.

If interest charges go out of the equation then no entity would like to call itself a bank which will lead to lesser number or none banks at all. In such a situation who will give money to the public? Is a central bank capable of giving money directly to every single person of an economy?

Are you suggesting a closure of the banking industry?

]]> By: Nonye Ndekwu http://www.simondixon.org/comment-page-1/#comment-5080 Nonye Ndekwu Sun, 18 Jul 2010 20:05:16 +0000 http://www.simondixon.org/?page_id=28#comment-5080 You are an inspiration!I am an avid reader of your blog!keep up the amazing work! You are an inspiration!I am an avid reader of your blog!keep up the amazing work!

]]> By: Sami Abdi http://www.simondixon.org/comment-page-1/#comment-4956 Sami Abdi Tue, 01 Jun 2010 12:31:32 +0000 http://www.simondixon.org/?page_id=28#comment-4956 Excellent work Simon! Keep it up. Sami Excellent work Simon!

Keep it up.

Sami

]]> By: jonathan http://www.simondixon.org/comment-page-1/#comment-4914 jonathan Tue, 18 May 2010 18:38:21 +0000 http://www.simondixon.org/?page_id=28#comment-4914 yeah Simon..it's all very beautiful..but don't you think we should just crash the whole system and start again? hmmm? jonathan yeah Simon..it’s all very beautiful..but don’t you think we should just crash the whole system and start again?

hmmm?

jonathan

]]> By: Anon http://www.simondixon.org/comment-page-1/#comment-4746 Anon Sun, 18 Apr 2010 17:47:26 +0000 http://www.simondixon.org/?page_id=28#comment-4746 Some background info. I read engineering at a Russell Group uni some 13 years ago. Have been in a high tech industry since. I've done very well, rising up to C-level. Lately, I've grown disillusioned with the direction the industry's heading and am contemplating a career change. I'm not keen to pursue an MBA at this stage. Instead, I went ahead and took some short courses, e.g. the AAT accounting levels (to get an appreciation of accounting) and also CISI's Foundation course. I found these interesting - enjoyable even. I'd be interested to know your thoughts on entering the banking/finance industry while in my thirties. Is it considered "too old" to do trading? Doing research/analysis in the industry I know well is a possibility, but would it be better to just do an MBA then? Thanks. Some background info. I read engineering at a Russell Group uni some 13 years ago. Have been in a high tech industry since. I’ve done very well, rising up to C-level. Lately, I’ve grown disillusioned with the direction the industry’s heading and am contemplating a career change.

I’m not keen to pursue an MBA at this stage. Instead, I went ahead and took some short courses, e.g. the AAT accounting levels (to get an appreciation of accounting) and also CISI’s Foundation course. I found these interesting – enjoyable even.

I’d be interested to know your thoughts on entering the banking/finance industry while in my thirties. Is it considered “too old” to do trading? Doing research/analysis in the industry I know well is a possibility, but would it be better to just do an MBA then?

Thanks.

]]> By: shengyong http://www.simondixon.org/comment-page-1/#comment-4101 shengyong Fri, 12 Feb 2010 02:00:50 +0000 http://www.simondixon.org/?page_id=28#comment-4101 Hi simon, Recalling the workshop on 30th Jan, I remember you said you were heavily on debt by the time you had completed your Master and met your mentor. I just want to know how you made a living at those tough time? I am also struggling with time and cost of living. I am working 6 days a week therefore have no time to seek a career in banking and finance, or even to join your Mastery Programme. As I see finance sector is my dream career, I feel like wasting every minute of my life when I am at work everyday. You taught me time is my first asset, I find my asset shrinking everyday! On the other hand, I am worried about my life if I quit my current job as I have to live on, although I want to be a full-time job seeker. I know securing a career in banking and finance is just a matter of time, the point is how long? After your workshop and your online mentoring programme I built up my belief system, it's a shame if I don't have time to turn my belief into action. How should I prioritise these 2 things: surviving or self-development? I am confused. Looking forward to your advice! Best Regards, Shengyong Hi simon,
Recalling the workshop on 30th Jan, I remember you said you were heavily on debt by the time you had completed your Master and met your mentor. I just want to know how you made a living at those tough time? I am also struggling with time and cost of living. I am working 6 days a week therefore have no time to seek a career in banking and finance, or even to join your Mastery Programme. As I see finance sector is my dream career, I feel like wasting every minute of my life when I am at work everyday. You taught me time is my first asset, I find my asset shrinking everyday! On the other hand, I am worried about my life if I quit my current job as I have to live on, although I want to be a full-time job seeker. I know securing a career in banking and finance is just a matter of time, the point is how long? After your workshop and your online mentoring programme I built up my belief system, it’s a shame if I don’t have time to turn my belief into action. How should I prioritise these 2 things: surviving or self-development? I am confused.
Looking forward to your advice!
Best Regards,
Shengyong

]]> By: Dr Raman http://www.simondixon.org/comment-page-1/#comment-4097 Dr Raman Thu, 11 Feb 2010 13:49:30 +0000 http://www.simondixon.org/?page_id=28#comment-4097 This is Dr Raman, I am a businessman from Saudi Arabia, I have just recently achieved my PhD in electronic transactions law from the University of Wales, UK. It is so fortunate that I had the chance to attend the workshop that you addressed last Saturday. I have to say that I was so stunned and amazed about its rich contents and I must not forget to mention your superb and exciting way of lecturing. After the workshop, I was hoping I can meet up with you to discuss if you have any interest sooner or later to expand your business model to Middle East or if you would like to deliver similar workshop and provide training to the people in Middle East. However it was so hard for me to get through the crowd to reach you. I strongly believe there is a very high demand of experts like you in that region to share their banking and finance knowledge. Needless to mention to someone like you how is booming and rapidly increasing the banking businesses in that part of the world. Therefore, although I really appreciate how busy you are, I would like to arrange a meeting with you to discuss potential cooperation in this regard. I look forward to hearing from you Best Wishes Dr. Raman azzagi 07729709522 Alzaagi00@hotmail.com This is Dr Raman, I am a businessman from Saudi Arabia, I have just recently achieved my PhD in electronic transactions law from the University of Wales, UK. It is so fortunate that I had the chance to attend the workshop that you addressed last Saturday. I have to say that I was so stunned and amazed about its rich contents and I must not forget to mention your superb and exciting way of lecturing.

After the workshop, I was hoping I can meet up with you to discuss if you have any interest sooner or later to expand your business model to Middle East or if you would like to deliver similar workshop and provide training to the people in Middle East. However it was so hard for me to get through the crowd to reach you.

I strongly believe there is a very high demand of experts like you in that region to share their banking and finance knowledge. Needless to mention to someone like you how is booming and rapidly increasing the banking businesses in that part of the world.

Therefore, although I really appreciate how busy you are, I would like to arrange a meeting with you to discuss potential cooperation in this regard.

I look forward to hearing from you

Best Wishes

Dr. Raman azzagi

07729709522

Alzaagi00 [at] hotmail [dot] com

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