Why do you support Positive Money? Why do you think reforming money is important?
Please write in a couple of sentences below in the comments section.
Carl P Davies I support Positive money because it greatly helped me understand what is going on in the world, why there has been a recession that has affected me personally, why there is a lack of real democracy and what can be done about it. To understand has been eye opening and given hope for a better future.
Justin Lilley I support money reform as the private creation of money leads to the systemic extraction of wealth from the many to the few with little to no benefit for the real productive economy.
Christopher Price For the obvious reason that it is unfair to create money that costs nothing and then charge interest for it to the point that people are enslaved by the tax which comes as a result of the interest bearing debt.
Sussi Ekelin I support Positive Money because once I understood how money is created, I also understood the background to a lot of the things I believe to be wrong in this world and what is required in order to fix them.
Rowan Alcock I support positive money because in an economy the way money is created is fundamental to all other aspects of the economic system. If the way money is created is unethical (entrenching inequality, detrimental to the environment, undemocratic, etc) every aspect of our economy is also unethical… If we believe in democracy, equality and sustainability it is hypocritical to maintain our current money system and we therefore need reform.
Mark Pryke because as proved the current system does not work, it fails those on middle and lower income, it is only geared to favour those in the higher wage bracket and extortionate wealth. I remember one Gordon Brown promising no more “boom and bust”, yet where have we found ourselves over the past few years, on the brink of being bust. This alone should force people in to wanting a better, fairer monetary, wealth creating society.The only people putting forward such an idea, and one that I see as working is Positive Money, they’ve enabled me to get a good understanding of how our current system works and why it fails time and again. Through this I’ve become more positive in my handling of money.
Bill Kruse Privatising the other utilities is bad enough, but privatising money is just plain stupid!
Kieran Casey the glut of credit “money” by banks over leveraging their assets has created modern hyper inflation to the point that people can not afford to live anymore. Would house prices and subsequently housing benefit costs be so high if mortgage money was not created from thin air by banks? They would rise according to peoples earning capacity not a banks ability to “create money” which means people could afford to live and invest on other sections of the economy creating true sustainable growth
Chris Buonanno The current monetary system is controlled by unaccountable private bodies and serves their interests. In order to provide a platform for economic prosperity money must be controlled by a democratically accountable institution and created without any debt attached.
Dino Santos All we have been duped into doing is a ponzy scheme…… Real value of currency is what is needed
Hammad Hanif We can never have true peace until money is distributed across the society in a just way. The current system is an endless spiral towards making a minority filthy rich and the majority desolate.
Chris Goddard In the long term your proposals are a much more sustainable approach to the economy and its a logical step away from this non-democratic, perpetual debt based system we have imposed on us right now which, does nothing but fuel inequality and environmental degradation… Its time we tried a different way.
Jackie Currie Hilchuk I support Positive Money because the collapse is going to happen and when it does we will have some great ideas from Positive Money on how to make the new financial system much better.
David Blaazer Because the present system allows unaccountable people to create money in the pursuit of their own wealth and power, in a way that structures and constrains the whole of the economy, politics and society, mostly to the detriment of ordinary people. Such a power should only be wielded by collective and transparent processes in the pursuit of the public good. Society cannot be democratic until the monetary system is.
Riku Kestilä It is a sane thing, to try and create a more equal world by addressing the root cause of so much inequality, namely our broken economical system.
Jose Linares I wont have a future if the money supply is controlled by the banks. Hence why I support for a democratisation of currency, either virtual or not.
Michele Nicholls Everyone else has already put it far better than I could!
Gerald Winnington-Ingram I support positive money as the prevailing and pervasive financial system is wholly unsustainable – socially, commercially and environmentally
Rebecca Wentworth I support Positive Money because finally someone is spelling out the process in details instead of explitives
Joseph Miller Unless we change our monetary system we’re going to continue redistributing wealth from the real economy to finance and from the poor to the rich. Unless we change our monetary system we can only continue the debasement of our currency which is a feature of the collapse of many previous great societies and empires. Unless we change our monetary system, we are unlikely to challenge the political power of private capital, that has built up since the 1970s principally in the financial sector, and which determines government policies like austerity. Unless we change our financial system, the public purse is going to have to be continually used to bail out a financial system that just fundamentally doesn’t work.
Guy Dawson To take the money from the hands of those who are making private profit from it and to put it into the hands of the peoples government to ensure lower taxes, higher spending on public services and lower debt. All possible with positive money, the people win.
Jeremy Hawton I support Positive Money because I’m tired of the benefits of sovereignty being a private affair for the chosen few. The banks are sovereign and the people are not. We give them hundreds of millions of dollars a day in interest payment and what to we get in return? Less and less benefit and more and more debt.
Halima Brewer because the present system is a wealth distribution system which increases the gap between the obscenely rich and the obsenely poor and is slowly eliminating those in the middle. This in turn creates a climate of crime, depression, polarisation and unhappiness.
Martin Summers I want my children to live without debt.
Jason Haiselden I support Positive money for all the above!! I also believe that things won’t change until people who support Positive money stand for election on this specific issue!!!
Alan Weir I support positive money because our current monetary system is not only flawed, it is a corrupt sham. Currently, a lack of worthless money is the cause of every problem our society has. [showmore]Take, just for a single example, the health service. A free, effective and efficient health service for everyone is an ideal any civilised society should have. It’s what we imagine we pay taxes and national insurance for. Currently, we have the ability to create medicines to treat the worst diseases, we have the ability to build advanced machines to diagnose and treat patients, we have the ability to build medical facilities in the most effective areas to treat the most people efficiently. We have a mass of skilled, trained and willing health professionals trained in every field of care. The one thing we lack, the single thing that is missing is money to pay for it all. When you realise how corrupt, how worthless our money is, this is a scandal. Money is digitally brought into existence for the purposes of creating debt, and thereby income, for banks, yet it’s somehow wrong to create it for use in the health service, or any number of other public services?
Our country is crippled by a debt to private banks which doesn’t exist. We owe them more money than exists in our entire economy, and they never had that money to loan in the first place. The only reason this is tolerated is because the public in general do not know about this.[/showmore]
William Patching The way money is created can either benefit or be hugely detrimental to a nation. Our current system opts for the latter: Positive Money has real world ideas for how to change this situation for the benefit of us all so everyone should support the cause. Quote me if you wish (you should have said – you will be quoted unless you opt not to be…). And guys, why are you not on Twitter sending soundbites daily???
Andrew Kirkham Because fractional reserve banking is a form of daylight robbery,with a side order of anti-democratic insurrection.
Franz Bauer I am not sure whether Positive Money is the right system for a new money system. But I am 100% sure that the society has to discuss about the current money system.
Sarah Hague I support Positive Money to counter the one-way direction of enrichment. Bankers have had things their way long enough, the moment has come to say STOP, the rest of us are fed up with this unsustainable and totally unethical system.
Tom Nicolson I support PM because the creation of money should be part of our democratic processes!
Grant Ozolins Because the current system doesn’t serve the people
Semian Alphabet BECAUSE IT CHANGES EVERYTHING FOR THE BETTER!
Leon Clarke Because a society run on rules that mean the system robs the poor to give to the rich is not a fair society
Alex Marshall I support Positive Money for the following two reasons: Firstly, I believe that only the Bank of England should be able to create money, and only then for the general public good through spending on healthcare, infrastructure projects, education etc, and not by private banks which pushes up house prices.
Secondly, I think that the Positive Money website explains, in very precise and simple English, exactly how money creation occurs outside of the Bank of England, and should in time bring awareness of this issue more people in the country.
Felipe Motta I support positive money because it’s raising awareness about how money is created and the impact it has in our lives, about the need of more transparency and an up-to-date regulation that reflects the modern society and economy and their challenges.
Errol Thompson Reforming the money system is critical to establishing a stable economy and one that can focus on the real problems in society and the environment.
Peter Josvai very good concept …
a very revolutionary idea – and a very natural one at the same time …
spreading such thought is already a revolution …
Sam Bonnett Because the current economic system cannot function sustainably within the ecological and physical boundaries of the planet. The economy is nested within the environment. Only politiciahe, economists and mad men will deny this. Entropy will win in the end.
Michael Martin-Morgan Until such a reform is implemented, today’s weak and powerless politicians will continue to sweep their incompetence under the carpet and perpetuate debt by selling bits of paper only to those who can buy them; the banks, who in turn make a mock of democracy by holding said elected officials to ransom.
Martin Hyams I support positive money because I believe in the permaculture principles of system analysis and design; a safe, secure, equitable, sustainable and transparent money system. Positive money is not a solution, but it’s a step in the right direction. The solution is money without any usury (no debt, no deficit, no interest rates) issued into society, not borrowed into the economy – a measure of real value in plentiful supply, owned and controlled by communities. Imagine.
Tony Hillier The policy-makers and practioners within the UK financial system have in my lifetime, had us over a barrel. It is way past time that we educate our selves and our children in how the system works and design the changes we think more humane. (62 years old now). Our children will thank Positive money for leading the way.
Milosz Leopold Stawarski The current money system enables corruption, the rich are getting richer, the poor are getting poorer, in no way is it democracy, if you can only vote for one rich guy or a different rich guy. And they usually represent only the rich without a care for the poor.
Alex Nisbet I support positive money because they provide an explanation of how money actually works thats easily understood without any great knowledge of economics etc , and how the current system of money creation is detrimental to the wider economy
Iconoclasti Muslimi I support positive money because in an economy the way money is created is fundamental to all other aspects of the economic system.Power to the people!
Karl Heinz Lesch First they ignore us – then they laugh at us – then they fight us – then we winn (Ghandi) A system which has been invented to accumulate all the money and assets by the one% has to be changed by the nintynine% (Publishing welcomed) Namaste!
Ollie Barron: I support Positive Money. I believe financial reform is necessary to the extent that I’ve recorded a song about it. It’s called For Money. Here’s the link to where you can download it from: https://soundcloud.com/the-
Mike Godsell: Society, the economy, our way of life, is damaged and unsustainable. We in the UK and much of the developed world need to change the way we think and the way we act. Reform of the way we use and create money is a big part of that needed change. [showmore] It all began with the Iraq war; perhaps for the first time people saw clearly how corrupt is the political system and the organisations that feed it. Politicians lied about the reasons for war. Military lied about the conduct of the war. Media distorted the results of the war, making it seem like a great victory of good over evil.
Thus people saw that truth itself was the main victim, and honesty in short supply in the establishment.
In the ten years following Iraq corruption has emerged in all sorts of institutions: Politics, media, the church, health care, financial services, and now banking.
Those who have eyes to see realise that we have been conned for a long time.
Our democracy is a sham, and bankers create money out of thin air.
It has to end … indeed it is self destructing before our eyes. The real question is what to replace it with?
A successful country provides appropriate education and basic needs for its people, making useful things for itself and to trade with others.
The UK however does none of that, basing its economy on financial manipulation so that elite groups use money to make money.
Some older folk like my family have moved from the cities to form sustainable communities in remote rural areas. For years we have been expecting a sort of Armageddon, where the supermarket shelves empty, and starving city dwellers rampage around in a broken society.
Yet there is hope now, for a new generation of bright, intelligent, well informed and motivated young people has emerged. Of course I mean you Ben, Drew, Fran, Henry, Miriam & Mira of Positive Money.
When you succeed in reforming money, as you undoubtedly will, there will still be much more to do.
But you and those inspired by what you do are the future.
It probably seems tough at times, and you may despair a bit, but please keep going, for a better World is possible and you are actively making that a reality. [/showmore]
Martin Lusty: I support Positive Money because it crystallizes out what I have instinctively suspected even as a child about the artificiality of money, and how contemporary money is no longer a medium of honest exchange, but a medium of control.
Philip Haynes: I support Positive Money because money is a public good that should be managed in the public interest and with public values at its heart. Credit creation should not be privatised to the extent that a few financial institutions and powerful people benefit over the majority. Credit allocation should be overseen by a central bank that has public values and the public interest at the core of its mission and operations. I believe that if the nation’s money was managed correctly debts could be reduced and we could collectively invest in productive and environmentally useful projects from which we would all benefit.
Rafael Zambrana: I support Positive Money because it recognizes the importance of stopping debt-based money and instead is for creating money debt-free. I support Positive Money because it understands a social movement is required to awaken the people to the importance of the proper money creation process without debt. The way money is created should be changed because it creates the money supply as a constant debt but without producing the currency to pay the interest. It results in money scarcity that eventually chokes the economy, as it is today. [showmore] I want the power to create money to be taken away from banks because it gives them an unfair advantage when the process turns them into immediate asset holders and everybody else debt holders, in short, an unsustainable ponzi scheme.
Banks shouldn’t be allowed to create our money because their short-sighted for-profit incentives have shown to be a terrible guide in adjudicating capital for the best interests of society.
Banks shouldn’t be allowed to create our money because it is the blood that nourishes the economy and it is to be created by the community interest-free. [/showmore]
Please let us know why do you want the money system to be reformed. And let the whole world know – if you are convinced about it, stand up for it! It’s important.
a) Write it on a poster or a piece of paper and send us a photo of you holding it
- I support Positive Money because…
- The way money is created should be changed because…
- I want the power to create money to be taken away from banks because…
- Banks shouldn’t be allowed to create our money because…
b) Say it – record a short video (1-2 min) and send it to email@example.com
c) Do it in whatever creative way you’ll come up with