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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......

February 2017

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/liver..., which has link to http://liverpoolp...

February 2017

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

January 2017
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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...

January 2017

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 ...

January 2017

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/pu......

January 2017
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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...

December 2016

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...

December 2016
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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...

December 2016

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....

December 2016

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...

December 2016
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