What You Can Do to Spread the Word
3 October, 2012Back in June we asked you to help us to find and fund a new member of the team who would create videos that would explain our message in a simple, clear and entertaining way. Thanks for your help - it wouldn't have been possible without you. Our new team member Henry has been working [...]
Positive News: Media Picks up on Need to Reform Money
27 September, 2012Five years after the financial crisis started, the mainstream media are starting to wake up to the need to reform the monetary system, according to Positive News, 26th Sept 2012. Here is a short extract: Positive Money is often labelled as ‘radical’ for arguing the power to create money should be removed from the [...]
Debt, Grinding Debt
26 September, 2012Debt, grinding debt, whose iron face the widow, the orphan, and the sons of genius fear and hate: - debt, which consumes so much time, which cripples and disheartens a great spirit with cares that seem so base, is a preceptor whose lessons cannot be forgotten. With these words of the great American writer Emerson [...]
House Prices: Why are they so high? (new video)
21 September, 2012You’ve probably heard politicians saying that we need to build more houses to bring down house prices. But house prices aren’t high because there’s “too many people and too few houses”. This new 2 minute video explains why house prices are really so high, and how banks have managed to price out an entire generation from being [...]
Bypass the Banks: Online Hub of Borrowing and Lending
19 September, 2012Access to finance has long been cited as major barrier to growth for SME’s. Recent research by the government suggested that many businesses have struggled when looking for funding. Positive Money donor Daniel Rajkumar, discusses crowdfunding, how it works for lenders and businesses and introduces his platform rebuildingsociety.com allowing users to bypass the banks. rebuildingsociety.com [...]
Major German Newspapers on Full Reserve Banking
13 September, 2012The second largest newspaper in Germany Die Sueddeutsche Zeitung recently published an article entitled: "The measures against the banking crisis: All power of the central bank". It explains exactly how money is created by commercial banks when they make loans. It also presents the reform proposals of the German initiative Monetative which are fully in line with Positive [...]
Stop Bankers Betting on Hunger
11 September, 2012The World Development Movement leads a campaign to stop bankers betting on food. WDM is campaigning to put pressure on the UK government to back European proposals regulating betting on food prices in financial markets. Banks are earning huge profits from betting on food prices in unregulated financial markets. This creates instability and pushes up global [...]
Guardian: We Can't Grow Ourselves out of Debt
4 September, 2012An article by Charles Eisenstein in the Guardian 3rd September mentions the creation of money as interest bearing debt and why our monetary system requires continuous growth: "Our present money system can only function in a growing economy. Money is created as interest-bearing debt: it only comes into being when someone promises to pay back [...]
Who Creates Money? Ask the Financial Times…
3 September, 2012The highlighting in the mainstream media of the problems with money creation by private banks continues! 1. In the news: a) The Financial Times published an article that describes money creation and destruction by the commercial banks and how little control the central banks have in the process: "…much as they might like to think they are in [...]