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David Clarke

Advocacy and Policy Officer, Positive Money

SimonThe government could raise taxes, or B of E raises interest rates to reduce the demand for commercial bank credit money if their are any inflationary fears. The heart of the problem is a lack of understanding amongst most MPs, Ministers and many economics commentators as to where money comes from, a...

3 days ago

SimonYoung tend to borrow, older save or receive proceeds from a house sale, often which a young person has borrowed to pay for. The commercial banks as a group greatly increased the money supply with much more lending between 1970 and 2007, inflating house prices by more than 25 X. The future for young ...

3 days ago

James MurrayHi David,This level of debt certainly is worrying.I note the letter to Philip Hammond http://positivemoney.org/lette... This again urged him on the path of Sovereign Money Creation and then injecting it into the real economy - citizens’ dividend, house building infrastructure investment to reduce...

4 days 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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rachidiI am an individual and I offer loans at a reasonable interest rate, contact me if you are interested: rachidixavier@gmail.com...

September 2016

simonthorpeI note that in this morning's Guardian, Simon Jenkins has been saying "Want to avoid a recession? Then shower UK households with cash" https://www.theguardian.com/co...Is anyone listening?...

August 2016
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