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SimonOften because they have to, it is the main way money currently gets into the economy....

4 weeks ago

Sumal RajWhy do people borrow? does people borrow just because the interest rates are low.,,,...

4 weeks ago
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medialAxis"Our position on cryptocurrency is that blockchain technology is a very interesting research area, but Bitcoin has a variety of risks, limitations and design flaws that prevent it from addressing the core systemic problems with our monetary system."AIUI, the idea behind bitcoin was, at least in part...

3 weeks ago

Zack, Positive MoneyOur position on cryptocurrency is that blockchain technology is a very interesting research area, but Bitcoin has a variety of risks, limitations and design flaws that prevent it from addressing the core systemic problems with our monetary system. These include malicious mining strategies from withi...

3 weeks ago

Zack, Positive MoneyJust to clarify, Positive Money does not propose a cashless society. Physical cash should remain in circulation as long is there is a demand for it. What we propose is that ordinary people should also be able to hold cash in digital form in accounts at the Bank of England.Please see our Digital Cash...

3 weeks ago
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Vince RichardsonThe Chinese are well ahead on this,but they have banned the financial sector using bitcoin.This may prove a temptation for all central banks.http://www.caixinglobal.com/20......

4 weeks ago

medialAxisSeems another local currency's taking off [1]. Interestingly, if I've read it correctly, it's based on bitcoin. It might be wise for PM to wake up to bitcoin [2], at least take it more seriously and revise its (Ben's) view of it.[1] http://bitcoinist.com/liverpoo..., which has link to http://liverpo...

4 weeks ago

Vince RichardsonDon't see anything wrong with other money sources,as long as it it is not backed by the taxpayer....

4 weeks ago
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Vince RichardsonSpotted by one of our group members from a prof at the University of California (Los Angeles) ,hat tip Ralph Musgrave.https://twitter.com/mikemadowi......

last month
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ConradJonesWe have a perfect opportunity in our History to make the transition from Private Bank created money system to a public created money system as we have the expertise of the Bank of England which is publcily owned and it is clear that the transition from 20% publicly created money system (1950s and 19...

last month
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