Public Service Europe: Parliament's Power is being passed to the Banks
26 October, 2012The website Public Service Europe has published an article Parliament's power is being passed to the banks, written by one of our supporters, Gary Brooks and based on Positive Money's research summarized in the report Banking vs Democracy. PublicServiceEurope.com provides a key resource for Brussels and beyond for those wanting the inside track on European politics, public administration. management [...]
Listen to BBC Radio 4: How Banks Create Money
25 October, 2012Positive Money on BBC Radio 4 On Wednesday 24th October 2012, Ben Dyson, the founder of Positive Money gave a talk for BBC Radio 4 on the fundamental flaws in our banking system, his frustration with mainstream economics and the need to reform the monetary system to prevent banks creating money. As far as we know, this is [...]
Sir Mervyn King: Banks Create Money
24 October, 2012Sir Mervyn King, Governor of the Bank of England, in the recent speech to the South Wales Chamber of Commerce at The Millenium Centre, Cardiff on 23 October 2012 was talking about the role of banks in creating the nation's money supply - the aspect of banking which is still poorly understood among the policymakers and economists: [sws_blockquote align="" [...]
Steve Baker MP Seeking Election to the Treasury Select Committee
23 October, 2012Steve Baker, Conservative MP for Wycombe who presented also at Positive Money conference last year, has put his name forward for election to the Treasury Select Committee. He writes on his website: I’d like to scrutinise and help the Treasury as it charts a course to reduce the deficit and mend the public finances. I’d also like to continue to [...]
Telegraph: IMF's Epic Plan to Conjure away Debt and Dethrone Bankers
22 October, 2012The IMF paper "The Chicago Plan Revisited" is being discussed in the Telegraph, 21st Oct 2012. It is a paper that supports strongly the proposals of Irving Fisher for full reserve banking – those which are the basis for Positive Money’s proposals. So there is a magic wand after all. A revolutionary paper by the International Monetary Fund [...]
We're on BBC Radio 4 on Wednesday 24th Oct 2012
22 October, 2012We have extraordinarily good news today! Positive Money will be on BBC Radio 4 next Wednesday! We've raised most of the funds necessary to employ new Campaign Manager and we have some excellent applications. And it doesn't end here: The new book is coming… Now we’re on the verge of making a much bigger impact. [...]
Letter to FT: Start by Understanding How New Money Is Created
19 October, 2012A letter from Mr James Skinner was published in Financial Times, 17th Oct 2012 in which he explains why the calls for a debate to take place on “ultraradical policies” for “boosting aggregate demand” is likely to prove helpful only if it starts from a clear statement and understanding of how new money is currently created. Constant references [...]
We Are Hiring: Campaign & Operations Manager
8 October, 2012We’re hiring! Can you help? Positive Money has been around for just over 2 years, and it’s time now to move into the next phase. We’re on the verge of widespread media coverage (we’ve started getting calls from TV and radio - more about that later) and many mainstream academics and organisations, as well as [...]
Very Deep Crisis & Chances of Recovery
8 October, 2012The UK economy is "in a very deep crisis", Business Secretary Vince Cable has told the BBC. He said predicting when the economy would recover is "very difficult". "We are in a very deep crisis, quite unlike any we have experienced before because its centred on the collapse of the banking system." "We are overcoming problems [...]