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David Clarke

Advocacy and Policy Officer, Positive Money

SimonOften because they have to, it is the main way money currently gets into the economy....

4 weeks ago

Sumal RajWhy do people borrow? does people borrow just because the interest rates are low.,,,...

4 weeks ago
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James MurrayStanley,I do not follow how you can say that a Government's continuing, rolled over debt to the banks where interest is paid regular to them, can be described as 'free'.It is anything but free and allies the banks to continue to extract massive interest payments for loans, the money fir which they b...

2 weeks ago

Stanley MulaikIn the US the Fed cannot buy US securities or give dollars it creates ('prints') from or to the Treasury directly. Everything between Fed and Treasury has to be through other intermediaries.When you say that the BoE cannot pay off the government's debt, does that mean the BoE cannot pay the Treasur...

2 weeks ago

Stanley MulaikIn the US where banks also create most of the money going into circulation, deficit spending is the way debt-free money (for all practical purposes) is created by government to compensate for deflations in the bank-lent economy. Of course the Treasury has to borrow from banks to pay for the deficit....

2 weeks ago
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Coley54321CENTRAL banks really are the problem - all across the Globe. As is Keynesian economics....

October 2016
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Monetary policy risks provoking political backlash, campaign group tells MPs

QE bank of england

The Bank of England’s quantitative easing programme risks prompting a catastrophic loss of public trust in how the UK economy is managed, Positive Money warns. The campaign group’s director said that the public will “rapidly run out of patience”, as QE drives up inequality and effectively provides a subsidy to foreign-owned corporations.

SimonMPs need to understand where money comes from, and how it is removed from the system. Are they happy with the status quo, where nearly all money is created by commercial banks, or should the Bank of England be creating some or all of our money, is the present system of QE desirable ? They need to an...

September 2016

Michael Wallace EllwoodFor the record, I emailed my MP asking her to attend the debate, but so far have received no reply. (However, I believe she got married not long ago, so perhaps she has some excuse ...). Seeing the remarks above referring to the Independence of the bank of England, respectfully I beg to differ with ...

September 2016

Marco SabaYou have to read this to understand that something is broken in bank accounting for money creation: US G.A.A.P.: bank's demand deposits are NOT an IOU http://leconomistamascherato.b......

September 2016
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