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Stephen ButlerI'm glad PM is starting to be heard by mainstream operators who can implement reforms. I have a few comments: The charging of interest should be abolished. Unearned income based on owning money you don't need is unfair. It's exploitive. It's a drag on the economy. Money is a social utility not a co...

2 weeks ago

Stephen ButlerAnthony:I agree the charging of interest is a problem because it can only be paid if the economy grows perpetually, which it cannot do. Also interest is unfair. It is unearned. It is exploitive. We need a system that can stop growing, and even shrink in a managed way. I don't agree that paying debt ...

2 weeks ago

Jeff MowattCreating money from thin air means that wealth has accumulated in the hands of a minority which leads to social unrest. https://www.linkedin.com/pulse......

2 weeks ago
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SimonWell done for this year, and all the best to Ben, who was one of the founders of Positive Money, in his new job at the Bank of England. This should hopefully make the B of E more responsive to monetary innovation, and devise policies that work for all, rather than large commercial banks and big inve...

5 weeks ago

James MurrayHi PM,Can I congratulate you on the year you have all had - well done....Can I also congratulate you on adding the extra tabs to the top of the PM web pages.I am just working my way through the 'Videos' tab for those I have not yet seen yet and the 'Publications' tab similarly for the several PDFs I...

last month
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joebhed"Wealth, Virtual Wealth and Debt", by Dr. Frederick Soddy, the gentleman who brought the thinking of money as a 'systemic' science together with his understandings of natural science. Informed Simons, Fisher, Friedman and others.I'm pretty sure the W,VW &D book is available online for reading, w...

4 weeks ago

joebhedTo clarify, I never said that the banks “should” make allthe rules, just that they “do”.Which you have just confirmed, along with its associatedproblems.I agree with everything you wrote, perhaps except that beingthe major cause for emigrations.Anyway....

4 weeks ago

Rollo10Why should the bankers make the rules? They don't even use their own money, so shouldn't the Treasury make the rules and the bank obey them? Doing it the other way round is what created the mess in 1930 and 2008. They dropped Glass Steagal for their benefit, they have fiddled LIBOR, Gold & Silve...

4 weeks ago
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SimonBetter if they still had plenty of oil and gas, which really helps Norway....

November 2016

James MurrayDonald,It is great to hear that you spread the PM good word about the advantages of sovereign money creation, fractional reserve banking and so on.There is a certainty that an independent Scotland would be no such thing if they kept the pound.And, as said, it is unlikely that the majority of the pop...

November 2016

RJRealistically if Scotland wanted to stay in the EU as an independent country. They would not have been allowed to set up their own central bank etc first. So it would have meant adopting the Euro. And no more huge government deficits financed by England = a Greece type situation. So dopey, deceitful...

November 2016
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