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Ben Dyson (Positive Money)

Ben is Positive Money's Head of Research. He founded Positive Money in 2010 and is a co-author of Modernising Money. Ben's research focuses on potential reforms better forms of monetary policy, structural reforms to the banking system, and the potential for technology to disrupt the payment and banking systems.

Fran GriffithsGood to hear from you Mark. Yes that is true, but if we had central bank issued public money, (digital cash), we would all have access to debt free money even if we chose not to use a local currency. ...

February 2016

Mark KerridgeHi Fran, the bristol pound is 100% backed by sterling ( which is obviously 97% bank credit at the present time ). However, the BP, and any other local currency, could just as easily be backed by central bank created money. It dosensn't follow that local currencies have to be depandant on debt based ...

February 2016

SvenAERTS228Doubts about its scalability? CDM projects have been going on in just about every country on the planet and catalised about 2 Trillion euro in green projects reducing CO2e. Pretty good start and scaling up? It just brought back the power of printing money into the hands of the poor and those who kn...

February 2016
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A History of Sovereign Money Proposals from Patrizio Laina

Screenshot 2015-10-25 08.10.25

Patrizio Laina, a PhD candidate at the University of Helsinki, has written a short but very comprehensive overview of the history of proposals to take the power to create money away from banks. Laina traces the ideas back right to the 1830s, and ends with the proposals of Positive Money and Martin Wolf in 2015. This is one of the best overviews that I've seen of the history of these ideas, and well worth a read. (It's in plain English). The full paper is well worth reading. Introduction:   "[Full reserve banking, i.e. preventing banks from creating money] has been proposed and even implemented as a solution to financial instability a number of times in the past. Thus, the idea of monetary reform should be seen as a historical continuum. In the UK the Bank Charter Act of 1844 prohibited private money creation through fractional-reserve banking by requiring that bank notes (which were the prevailing means of payment) should be fully-backed by government money. The National Acts of 1863 and 1864 achieved the same goal in the US.

James MurrayA fair point. If Keynes supported it and then reneged, then why?...

December 2015

James MurrayYour point is...?1. The Canadian Govt was correct, right up to 1974?And it changed, and so there were bad consequences?And these were what?And why?Or2. This caused a spike in National Debt. And was why?And was bad?...

December 2015

John C. Turmel, B. Eng. Currently there are no examples of economies where the majority of money does not come into existence as a consequence of bank lending.Jct: And that was never a problem when tbhe Bank of Canada lent money to the government of Canada interest-free. But not since 1974 and that's when the spike in nati...

October 2015
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Barney RubbleDo I need to cite the BOE report that shows how BOE reinforces inequality?If you read the whole sentence you cited, and dont take it out of context then you will see what I mean."Whereas Quantitative Easing involved creating hundreds of billions of pounds (or dollars or euros) and putting that money...

October 2015

marcel tjoeng'and we need to relearn how to share, be sparing, sometimes even do without for the greater good.'The new meme, the concept, that could and should replace the ill-reputed 'GDP growth' meme is a quality-of-life model.A healthy or rather an appropriately retained environment provides value that equall...

October 2015

marcel tjoeng(wrong place)...

October 2015
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November 2015

Earl HarperYou are just a fucking mockingbird ! @#$%#...

November 2015

KarenHudeshttp://www.kahudes.net/wp-cont...http://www.ntu.org/governmentb......

November 2015
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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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