1) We have new video again: Fixing the Money System & the Economy: Ben Dyson
This 22 minute extract from our October conference addresses how we can reform our debt-based privatised money system. It’s the second part to our 20 minute video about the problems.
Watch part 1 here
Watch part 2 here
“We can’t trust profit-seeking bankers and we can’t trust vote-seeking politicians. What we need to do – and this is critically important – is to separate the decision over how much money needs to be put into economy and what that money would be used for.”
2) VIDEO: Is Money Destroyed When Debt is Repaid?
This is a question that has puzzled a number of people: if banks create money when they make loans, do they destroy it when the loan is repaid? The answer depends on what you mean by ‘money’. One of the clearest explanations of what actually happens is provided by Mike Black on the new James Gibb Stuart Trust website (See the second video down).
The education-focussed James Gibb Stuart Trust has been a supporter of Positive Money since we started. Its Mission is to “reduce debt by educating about banking”. It has organised economic conferences which examines the creation of money, among other issues.
3) NEW Positive Money Booklet
Explaining the Positive Money proposals is not always straightforward – to do it thoroughly you need to explain how banking works, what problems this causes, and what the solution is. That’s a lot for someone to take in! Sometimes you wish there was something you could give them to take away and read. This new pamphlet is designed for situations like this, where someone has already shown some interest in the campaign and wants to learn more. (Download)
4) Upcoming Meetups & Events
Meetup Organizers, if you’d like to do the screenings of our videos – new videos of the Problem with the Money system and of our solution are now available for download as 20 minutes short versions here: