“Edward Smythe of the campaign group Positive Money, breaks it down: “If you look at total outstanding consumer loans, in July, they’re at £200bn, an £18.5bn net increase every year.”
The Guardian, 4th September 2017
“The inverse relationship between unemployment and inflation is dead. The proliferation of low-wage, irregular and insecure jobs means that wage pressures – and therefore spending power – are subdued even as unemployment falls” says Positive Money’s Ed Smythe
CNBC, 24th August 2017
“On the agenda for Jackson Hole should be the option of governments using money creation rather than borrowing to boost productive investment.”, says Positive Money economist Ed Smythe
The Guardian, 23rd August 2017
Positive Money campaigners protest in front of the Bank of England in London, calling on the government and the Bank to abandon QE
The Guardian, 21st August 2017
A recent survey showed 90 per cent of MPs don’t even understand where money comes from (they think it’s issued by the Royal Mint).
The New Statesman, 18th August 2017
“We’re reliant on high asset prices and continuing to inflate those asset prices, coupled with high levels of consumer borrowing, and that’s a bit of a toxic mix which leads to financial instability,” Fran Boait, executive director of the London-based campaign group Positive Money, told DW.
Deutsche Welle, 11th August 2017