Last December, in a Bank of England (BoE) speech entitled the ‘Spectre of Monetarism’(1), its governor Mark Carney said that ‘over the past …
QE for people / Helicopter money
Nothing normal about the “new normal”
The Bank’s decision to keep interest rates at 0.25% last week may seem like business as usual. But there’s nothing normal about the way that …
Nothing normal about the “new normal”
The Bank’s decision to keep interest rates at 0.25% last week may seem like business as usual. But there’s nothing normal about the way that …
Inflation report shows Bank of England in crisis
In response to the Bank of England’s announcement that it will keep interest rates at 0.25%, Fran Boait, executive director of Positive …
Inflation report shows Bank of England in crisis
In response to the Bank of England’s announcement that it will keep interest rates at 0.25%, Fran Boait, executive director of Positive …
Rising asset prices are keeping the UK economy afloat. But what will happen when they pop?
The Office of Budget Responsibility (OBR) - the government’s fiscal watchdog – has released a ‘Fiscal Risk Report’. Positive Money welcomes …
Banking as if society mattered (Video)
What's the core idea behind Positive Money? Why is it a problem that commercial banks create money? What would a positive money system look …
Some food for thought on financing the Sustainable Development Goals
Yesterday, the United Nations held a high-level conference on how to finance the Sustainable Development Goals (SDGs). We have therefore …
Review of “The Production of Money: How to Break the Power of Bankers”
Summary Ann Pettifor’s new book, The Production of Money, is an excellent contribution to the growing body of thought exposing mainstream, …