Plamen

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Plamen

@IvovPlamen

Monetary economist | Banking, credit & power Explaining how money systems shape inequality, growth & geopolitics Author: Money Matters | Debt, Design & Disparit

London, England Katılım Haziran 2014
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Plamen
Plamen@IvovPlamen·
Money is not neutral. Banking structures shape growth, inequality, and power. My work explores how money is created, who controls credit, and why institutions matter: 📘 Money — tinyurl.com/52hva5rk 📕 Debt — tinyurl.com/573hu7tn 📗 A Guide — tinyurl.com/asv537ad
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Plamen@IvovPlamen·
@ProfessorWerner Let's do the reverse, too. See what the propaganda says.
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Plamen@IvovPlamen·
@BMartinovski No. It'll be great to discuss it. I have evidence for small cooperative banks in the northeast. Let's connect the dots.
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Bilyana Martinovsky
Bilyana Martinovsky@BMartinovski·
@IvovPlamen No question about it! Especially, given that different parts of BG had different legal status. Have you documented all BG banks? Narodna Cooperative Banks in Sofia? According to our family archives churches and kvartali were built thanks to such banks in 1920s-30s.
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Plamen@IvovPlamen·
Radev’s first visit as a PM is to Germany — a signal worth reading carefully. What can Bulgaria learn from the German model of industrial policy, regional development, and institutional capacity? My analysis: tinyurl.com/52hva5rk
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Plamen@IvovPlamen·
@BMartinovski No, started with the COMMIE regime. But the 🇹🇷 and monarchy times also shaped the national memory with money and institutions. BG is probably one of the few countries that experienced 4 regimes - Ottoman, German, Russian, Anglo-American in about 150 years. WHAT A UNTOLD STORY!
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Plamen@IvovPlamen·
@BMartinovski ... The good news is that institutions and ownership is a man made device. So, the past does not necessarily represent the future.
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Plamen@IvovPlamen·
@BMartinovski Through a spatial - hierarchy currency lens, there's no doubt about it. Moreover, if we are to look at the ownership structure of the banking-industrial complex, we are far further down the pecking order than DE. There are good historical and institutional reasons but...
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Plamen@IvovPlamen·
Except for sound foreign policy, Bulgaria now offers a Master’s in International Banking & Finance, in partnership with Prof. @DrRichardWerner. Open intake 2026/27.
Based Hungary 🇭🇺@HungaryBased

🚨🇧🇬 AMAZING: Bulgaria's NEW leader Rumen Radev Makes a Clear Stance on Ukraine and Russia. "We will NOT send weapons or soldiers, we will NOT participate in this war. Bulgaria will prioritize National Interests over Ursula's European Union interests.

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Plamen@IvovPlamen·
Excited to see UIF’s Master’s in International Banking & Finance, in partnership with Prof. @DrRichardWerner. Open intake 2026/27.
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Dr. Simon
Dr. Simon@goddek·
Thank you, Bulgaria, for helping stop that genocidal Epstein apartheid regime from taking the Eurovision victory.
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Plamen@IvovPlamen·
Delighted that my paper, “Monetary Policy in a Transition Economy: Central Banking, Foreign Discipline, and the End of Domestic Credit in Bulgaria (1990–2025)”, has been accepted by Post-Communist Economies. Final clean version coming shortly.
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Plamen@IvovPlamen·
I'd add that under BG communism the largest asset for any family was their home. It was THEIRS, not used as collaterised debt. Hence why we (still) have 90% home ownership. Same applies to cars.
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Stephanie Kelton
Stephanie Kelton@StephanieKelton·
"Unless we can break the habit of thinking like most economists do, we will sooner or later destroy our country, irreversibly damage our world, and perhaps, in the final analysis, doom the human species to a slow extinction. At a minimum, we stand no chance to improve matters, unless we can first understand, recognize, reject, and change the mental habits cultivated by conventional economics—and conventional economists." Coming 9/7/26
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Plamen@IvovPlamen·
Great headline, @FT. But if you'd read the actual research, you'd know why it's not a lender — it's operating closer to a digital warehouse: reserves + gilts, minimal credit creation. That's not disruption. That's full-reserve banking with a neon logo. tinyurl.com/573hu7tn
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Plamen@IvovPlamen·
@scientificecon It's good our exchange rate was fixed 2-to-1. As we discussed, people care about the numbers and less so about the symbols. 🇧🇬 🇪🇺
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Richard Werner
Richard Werner@scientificecon·
Same in Germany, the abolition of the European currency (D-Mark) and forcing the foreign currency, the euro, on Germany instantly caused 100% retail inflation.
Martin Georgiev@m4rtin_georgiev

@MosiniElisa We just did so in Bulgaria 🇧🇬. I can safely confirm that all prices have gone up by 100-200% in just 4 months after adopting the euro. Welcome to the future.

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@ReviewofPE @ProfessorWerner @BMartinovski @DrRichardWerner @elonmusk @BarackObama @taylorswift13 @cristiano