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Building an international movement – We’re hiring

Over the last 5 years, there have been some big milestones for the campaign to reform the money system. Within the UK, Positive Money has sparked a debate amongst policymakers, key academic thinkers, politicians, and the Bank of England. But, that is just the beginning. The International Movement for Money Reform is taking off across the world:

Michael ThudénIt's a good thing that the media is starting yo catch up.But I think there's still some misunderstanding regarding what banks "lend out" to accounts. People in general, and even many money reformers, believes that banks "lend out" Pound to customer accounts. Most economists even believe i the multip...

June 2015
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Mighty OafA standard Richard Murphy response unfortunately. Starts a debate, and then attacks those that don't agree with him, effectively closing down the debate by stating definitively that alternate views to his show misunderstanding. His attitude to debating is woeful....

June 2015

Barney RubbleSadly Richard Murphy initiated this debate but could bring not himself to respond or dispute any of the arguments made by Ben Dyson. Instead, he offers this rather poorly worded attack on Ben. Why start a debate only to end it like this. Concession of defeat?Richard Murphy: "What can I say barring t...

June 2015

Vince RichardsonIt always amazes me the criticisms I hear about Positivemoney's policies.Often as not they just involve a misunderstanding of something PM has said,rather then what was actually said.I think this is just another example.Yes you can nitpick the odd point here and there,but generally the framework sta...

June 2015
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bankster01Neo liberal trickle down economics obviously works, that is what we are told....

May 2015
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Why the failure of Kaupthing Edge teaches us nothing about full reserve banking (A response to Dow, Johnsen and Montagnoli)

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In their paper "A critique of full reserve banking", Professor Sheila Dow, Alberto Montagnoli and Gudron Johnsen argue that the failure of one of the Icelandic bank's subsidiaries is evidence that full-reserve banking would not make the financial system safer. Here we explain why the case study is not applicable, and teaches us nothing about the impact of full reserve banking.

Donald BealI agree with most of Ben's critique of the Dow et al paper.But I do think it should be pointed out that the comparison of the KSF account with a Sovereign Money system transaction account with 100% backing via the Central Bank is misleading.In the PM-style system only transaction accounts have 100% ...

April 2015

jamesmurraylawThis objection to Positive Money proposals is an idealexample of how easy it is for the apologists for the Banking System to usefalse 'evidence' to pooh-pooh Full Reserve Banking.Ben Dyson answers the supposed 'evidence' carefully andcomprehensively and so well done to him...However, time and again,...

April 2015
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