Recent studying of world finance.

Very surprised at passage of time since my last blog. The main reason being commenting on various sites as I try to push forward the subject of Nationalising financial institutions.

In trying to expand my knowledge of world finance I have followed various leads to information available on line. If anyone is interested there are numerous trails to follow, I must have only scratched the surface. BRIC nations, FIAT money, regulatory arbitrage, time value of money,/
moneyterms.co.uk/ QE2, FOMC, TARP, FSLIC, South Sea Bubble, Mississippi Bubble, Investopedia, PIIGS, IEA, CDS, Lehman Brothers, IFRS, IASB, FASB, GAAP, FDIC, LBMA, MPC, ECB, Short Selling, Derivatives, IMF, Austrian School of Economics, Hedge Funds, Bear Sterns, Rothschild Bank of London, Goldman Sachs and The Cobden Centre to name a few.

I do not know when banking as we know it started but, for example, it must have been well established in 1720 at the time of the South Sea Bubble. Through the centuries bank failures and other periods of mayhem in world finance have caused widespread misery. Perhaps none more so than during the last few years and, if anything there is more misery to come. Attempts to regulate the financial institutions have clearly failed yet even more regulations are at this moment being devised. The need to nationalise financial institutions has, in my opinion, never been more clearly highlighted.

Frederick W Gilling 12 Noon BST Friday 24 September 2010.