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Guy BurgerI agree Robin. Even if any piece done on a the bridging potential of the proposed national investment bank were speculative it would still be a valid exploration of a very real possibility for monetary reform towards a Sovereign system. Most of what is posted here is speculative anyway. In some ways...

last month

Zack, Positive MoneyThanks for this answer, good recommendations!...

last month

robinbaldockok having read through them briefly, both of those do mention the role national investment banks could have, but that is not same is it? Labour has a proposal for national investment banks and just made huge advances in being taken seriously, maybe even having a chance at putting a govt together (u...

last month
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PJMBetter not to use MMT as an abbreviation for Magic Money Tree because MMT has been used for many years as the abbreviation for Modern Monetary Theory....

last month

Roger Glyndwr Lewishttp://share.snacktools.com...http://davidmalonegreenpart...I Made these interactive Quizes based upion the Positive Money Quiz By David Farady https://www.quiz-maker.com/... and the money creation Survey of MP´s https://www.quiz-maker.com/... The degree of ignorance paraded constantly since th...

last month

Paul DunbarPretty confused here but let's give this a shot. Governments can spend money collected through raxation and also that created by the BoE. I'm tagging on to that bit. When the country's infrastructure requires funding then funds come from taxes or BoE. And the BoE can generate funds from the magic mo...

last month
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Review of “The Production of Money: How to Break the Power of Bankers”

Screenshot 2017-04-14 15.02.20

Summary Ann Pettifor’s new book, The Production of Money, is an excellent contribution to the growing body of thought exposing mainstream, neoclassical economics’ poor understanding of money, banking, and finance, and how its thinking has led to a financial system that we serve, rather than one that serves us.

medialAxisI guess it won't be 1st world economies that take a lead in challenging the banks (too much vested interest IMO or too much entanglement of banks with govts), which is interesting in itself (could leave the 1st world lagging behind). Not sure how S Korea's economy is classified but they're looking a...

April 2017

Laughing_GnomeVery good point Medial Axis. The cashless aspect had gone out of my mind. I had forgotten the hunt is on for cash and that negative interest rates are one of the likely drivers. Also getting potential visibility of all taxable activity. The reach-in and grab could also happen, but I suspect they wou...

April 2017

medialAxisLooks like quite a few central banks are jumping on the "block chain" or at least looking to providing a Central Bank Digital Currency (CBDC) and accounts to retail customers. Some down sides might be loss of privacy, tax taken on the fly (up to you to claim it back if it's wrong) and negative inter...

April 2017
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Vince RichardsonYes my condolences too,he was one of the few MPs who really understood how money is created and its negative effects,we have all lost a good friend and advocate....

October 2015

ConradJonesDevastating news for not only Michael Meacher's Family but to all his friends, to which he had many. To me, he was one of the best MPs in the House of Commons....

October 2015

FWHMyersI am sad that he has gone. He championed several campaigns that I support. He was a thoroughly decent human being and an honest representative....

October 2015
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