We’ve just released our Annual Report. This annual report covers our third full year of activity, from June 2012 to May 2013. It’s been an eventful year (as always) and we’d like to say thanks to all of you who have supported our work. You can download the annual report at the link below.
The report only runs up to May 2013, and we’ve had another 3 months of progress since then. We have an extra 1,800 fans on Facebook, and we passed half a million views of all our videos on Youtube (not bad when none of them includes cats!) And there’s progress behind the scenes as well – after three years of hard work, we’re finding that doors to influential people are starting to open for us. We can’t list people right now, but whereas very few people were talking about money creation by banks three years ago, a number of people in influential positions are starting to question whether the current system needs fundamentally changing.
That doesn’t mean we’ll be finished anytime soon. Many politicians, policy makers and economists still don’t understand that money is created by banks. That is part of the reason why we’re sleepwalking into an economic ‘recovery’ that is fuelled by increasing mortgages and household debt – in other words, policy makers are repeating the same mistakes of the last crisis, by allowing banks to create too much money for the wrong things.
We’re doing what we can to warn people about that danger, but we’re still a small team, so we’re trying to ensure that journalists and people with captive audiences understand the problems, so that they can also ‘spread the word’.
There’s a lot more work to do, but we’ve got the energy to do it, and with everyone’s support, we can make some real progress.