When the Chancellor took office, he pledged to “reset” economic policy. And the Prime Minister, recognising the effects of the Bank of England’s policies on inequality, promised to bring about a “change”.
Abolishing debt-based currency isn’t a new idea, but it could hold the secret to ending our economies’ environmentally damaging addiction to growth, reads an excellent article in the Guardian, 5th Nov 2016. *
On Thursday 3rd November 2016 Positive Money supporters gathered at the Bank of England and sent a clear message to the people who decide the UK’s monetary policy, as they made their way into their monthly meeting: