Home » Articles by: Positive Money

Author Archive

Vince RichardsonHi Frank ,This is a second reply, my first disappeared.This is Vince btw not Richard.My answer is simple,you cannot cross the line between fiscal and monetary policy.end of...no argument .....however important anyone believes it to be,no one should smudge the divide or else you start a precedent tha...

Yesterday

FVLHi Richard,Thanks for your thoughts. Have you read the entire paper? This is a bit of different angle that is being put forward than what you seem to be suggesting IMO.Our position (at NEF) is that the private sector, Treasuries, Regulators and Central Banks all need to consider issues of climate ch...

2 days ago

PJMThe suite of alkanes that we call petroleum -- otherwise known as oil -- is the product of the chemical reactions between calcium carbonate, iron oxide and water, at approximately 1500 degrees Celsius and 5 MPa pressure -- which are the conditions naturally occurring about 100 km below our planet's ...

4 days ago
latest comments - view discussion

DhdhdhdjAnd none could buy or sell unless they had the mark of the beast. When you reveal the truth about the monetary system to the public then perhaps this means it is almost time to move to an even less favourable system for the people - even more government control of them until they need a mark to do a...

3 weeks ago

medialAxisCan we trust central banks or any central body with such power? Another, and truly radical, alternative is for no one to be in control of the money supply. Actually, money supplies. It's about time we rid ourselves of the illusion only states/central banks can issue money. It's a modern idea that ha...

4 weeks ago
latest comments - view discussion

Tony HarveyWhat a shame the audio quality is so bad. It seems to be being recorded from the centre of the (echoey) room instead of by the speakers or even better a direct wired audio feed. So we get all the echoes & coughs. I can understand Adair Tuner just about who has a very clear and loud voice which g...

4 weeks ago

medialAxisTrue, we now even have paper gold! That is why the likes of bitcoin are so important[1]. Some see the fact bitcoin is not under central control as a flaw but it's not, it's what comes with a decentrailsed system. It can also be seen as a feature, it cannot be controlled by any single entity, only by...

last month

Anthony BrowneThe world owes trillions in debt, it can never be repaid and its caused by massive corruption by the criminal banking system, money will soon be worthless, a lot of people think its time to buy physical gold and i agree but the problem with that is the banksters are manipulating that as well....

last month
latest comments - view discussion

Bank of England is alarmed about the increase of personal debt

mark carney personal household debt

The Bank of England has been warned of complacency over the big rise in personal debt. In its toughest warning yet about the possibility of a rerun of the financial crisis that devastated the economy 10 years ago, the Bank of England admitted it was alarmed about the increase in the amount of money being borrowed on easy terms over the past year, reported the Guardian, 24th July 2017.

medialAxisAs you say, it doesn't tell us who is holding all this 'cash' (by which I mean deposits, not actual cash). But I heard on Radio 4 this morning that Warren Buffet now (8th Aug 2918) holds loads of 'cash' ($s of course), which is interesting given stock markets of late have been hitting all time highs...

last month

Edward SmytheThose are very good points. The truth, as you say, is that banks only have to pay negligible interest to re-attract (as deposits) the money they've created (rather than stuffing cash under the mattress). And this is because, people understand their money in the bank is fully liquid (i.e. CB guarante...

last month

medialAxisThanks for post that, you've done a good job. I find it difficult finding my way around the BoE's site, TBH."...those in the second paragraph are paying interest to those in the first paragraph..."Not sure that's the best way to view it given what we've learned about how the system works. Also, inte...

last month
latest comments - view discussion

No Announcement posts

back to top