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Which MPs understand the magic money tree?

magic money tree parliament

For years we’ve been saying it’s crucial our politicians understand where money comes from -  that banks create almost all money in our economy, resulting in an oversized financial sector and property bubbles. Now we have a chance to see how effective the Positive Money campaign’s been by finding out what MPs know today.

medialAxisIsn't one simple way for the govt to borrow money is for it to borrow from savers. After all, private debt is circa £1.5 trillion so there exists £1.5 trillion of savings earning next to nothing. Perhaps if this argument was put to MPs it might give them some insight in to how cockeyed the system ...

4 weeks ago
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James MurrayWell Rebecca,A very positive report but sadly biased in its reporting.I went to the meet as the initiative had always seemed so outlandish to when I had considered it and yet had been voiced so often that I had to find out more to see whether I had dismissed it prematurely.I listened very carefully ...

last month
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Vince Richardson1 reply so far from the Lib Dems as below;"Dear Vincent,Many thanks for your email – and apologies it has taken me a little while to get back to you. I agree with you that the banking sector is in need of serious reform and that power must not lie in the hands of a few large banks.That is why the ...

June 2017

Lucian AerisI wonder how much time the team have spent researching both sides of the climate debate....

June 2017
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