• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Go to Positive Money Europe

Positive Money

Making money and banking work for society

  • About us
    • Our vision
    • Who we are
    • History & highlights
    • Contact us
    • Current vacancies
    • In the media
    • Funding & Annual Reports
  • What we do
    • Educate & empower
    • Research and Policy
    • Campaign & local groups
    • Influence decision makers
    • In the media
    • International Movement
    • Events
  • Resources
    • Videos
    • Publications
    • Local group resources
    • Lobby your MP
    • Organise an Event
    • Policy resources
    • Shop
  • Press
  • Blog
  • Donate
  • Positive Money Europe

Financial Times gets it!

by Mira Tekelova

 

Financial Times published an excellent article of Martin Wolf, the chief economics commentator of FT and member of the UK government’s Independent Commission on Banking in 2010-2011,  on Thursday June 28th, 2012: The case for truly bold monetary policy.

Here is a short extract:

It is the normal monetary system, in which the “printing” of money is delegated to commercial banks, that needs defending. This delegates a core public function – the creation of money – to a private and often irresponsible commercial oligopoly…

READ THE WHOLE ARTICLE HERE

 

 

 

 

 

 

Bank of England & QE, In the News

Mira Tekelova

Primary Sidebar

Get our latest campaign updates

Recent Posts

  • Economists warn Sunak against financial deregulation
  • Financial Services and Markets Bill threatens levelling up: Positive Money response to Queen’s speech
  • 25 years of Bank of England independence shows we need a new approach
  • Government should take the lead in tackling cost of living
  • Reinventing leadership: building resilience through a period of uncertainty

Footer

Follow us on social media

  • Facebook
  • Instagram
  • Twitter
  • YouTube

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.


Privacy Policy, Terms & Conditions


Positive Money is a company limited by guarantee registered in England and Wales. Registered number 07253015.
Registered office: 104 Davina House, 137-149 Goswell Road, London EC1V 7ET.


Positive Money Europe