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Professor Michael Hudson: New Governor of the Bank of Canada

Professor Michael Hudson: New Governor of the Bank of Canada

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Started by Anonymous 13 years, 5 months ago

The offical ad for the upcoming position of the Governor of the Bank of Canada states that: "As an exceptionally well-qualified candidate, you have unquestioned technical competence in monetary policy and, more broadly, macro-economics, coupled with a highly developed understanding of the financial sector, both institutions and markets, domestically and internationally." MICHAEL HUDSON is research professor of economics at University of Missouri, Kansas City, and a research associate of the Levy Economics Institute of Bard College. He is a former Wall Street analyst and consultant as well as president of the Institute for the Study of Long-term Economic Trends (ISLET) and a founding member of International Scholars Conference on Ancient Near Eastern Economies ( ISCANEE). He has served as an economic advisor to the Icelandic, Chinese, Latvian, U.S., Mexican, and Canadian governments; and as consultant to the United Nations Institute for Training and Research (UNITAR), the Institute for Research on Public Policy, and the Canadian Science Council, among other organizations. He has been a consultant to the IRPP (Institute for Research on Public Policy), writing its first report (“Canada in the New Monetary Order”), and also for Canada’s Department of State.

He is a former balance-of-payments economist for Chase Manhattan Bank and Arthur Andersen, and economic futurist for the Hudson Institute (no relation). For Scudder, Stevens & Clark in 1990 he established the world's first Third World sovereign debt fund, which became the second best performing international fund in 1991. He has written or edited more than ten books on the politics of international finance, economic history, and the history of economic thought. It is most important that we find the best candidate for this position, and we believe that Professor Hudson is that candidate. Where he was born should be of no consequence. Canada is a member of the Global community, cosmopolitan by nature. If the Bank of England can hire a Canadian as its Governor, the Bank of Canada should surely be able to hire an American. THEREFORE, we, the undersigned, support the application of Professor Michael Hudson for the position of Governor of the Bank of Canada. 

Updates

June 10, 2013

I just woke up to see the momentum shifting and it is honestly wild to think that people are actually paying attention to this now. I started this because the status quo felt so stale and seeing so many people agree makes me feel like maybe we really can push for someone who actually challenges the way things work.

14 Comments

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James MacInnis
10 years ago Featured

Restore the original mandate of the Bank of Canada and end Canada's debt slavery

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Frank Isaacs
11 years ago Featured

This is a core issue that all Canadians should be aware of. Debate is now being carried in British parliament on monetary reform. The core concept of money creation is very simple, and one must cut through through the layers of complexity and abstract theory to see it. A sovereign country's money supply MUST be the responsibility of its government. Money is in simple terms, the means to connect production and consumption, it is not a product in and of itself, and when the money supply is contracted out to private business concerns, it burdens a country and its taxpayers with debt that can never be paid for.

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Stan Artyshko
11 years ago Featured

My Hope is that The Bank Of Canada print the money for us and NOT THE PRIVATE BANKING SYSTEM PLS MAKE THIS WISH COME TRUE For the year 2015

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Dr. Jerry Ackerman
11 years ago Featured

From my ongoing study --focused on the impending global financial collapse -- I have found no one anywhere nearly as knowledgable.

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Joshua Pelland
12 years ago Featured

I am very interested in monetary reform and look forward to assisting in any initiative that would seek to improve the debate on this issue.

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Arthur Smitherman
12 years ago Featured

A docile populace is a recipe for slavery to a fiat currency and authority that is 'non de facto'.

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Lawrence Hubenig
8 years ago

No More Fiat Currency!

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Kurt Gibson
9 years ago

I support this completely

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