'The comedian Russell Brand has stirred debate with his talk of revolution. Russell Brand is more right than wrong. Pre-revolutionary …
Bank of England & QE
Quantitative Easing: What happened to the money?
Quantitative Easing (QE) created reserves to pay for bonds (eventually entirely government bonds) bought by the Bank of England …
What if the world economy fails to spring back to life? (Anatole Kaletsky)
Anatole Kaletsky's latest article is well worth reading. Entitled "Central bank stimulus is here to stay, but what if it fails?", Kaletsky …
The UK economy is “a long way” from normality
Growth is all very well but the UK economy is "a long way" from normality, the Bank of England's Paul Fisher has warned this morning (14th …
SOVEREIGN MONEY – Paving the way for a sustainable recovery (Report)
By fuelling our economy through ever-rising levels of household debt, we are repeating the mistakes that led to the 2007-08 financial …
Sovereign Money Creation vs Modernising Money
We've just released our new report, Sovereign Money: Paving the Way for a Sustainable Recovery, which explains why the current debt-fuelled …
BBC: UK QE has failed, says quantitative easing inventor
Yesterday's BBC article entitled UK QE has failed, says quantitative easing inventor, discloses a little known story behind the term …
How you pay for the City
It is well known by supporters of Positive Money that the privilege of the high street banks to create debt based money results in a …
Standard & Poor’s Explain Money Creation: “Banks can not and do not ‘lend out’ reserves”
This is a must-read report by Standards & Poor's, the world's leading credit rating agency. The title is clear: "Repeat after me: Banks …