The five richest families in the UK are wealthier than the bottom 20 per cent of the entire population and the gap between the rich and the …
Archives for March 2014
The Extraenvironmentalist discusses money with Ben Dyson (podcast)
Critics of quantitative easing highlight the absurdity of creating money from nothing to paper over terrible investment decisions. Yet, what …
Where money comes from and why it matters
Six years have passed since the financial crash of 2008. Since then there has been a parade of books explaining how it happened. We’ve …
The Bank of England dismisses the ‘money multiplier’ theory
The Bank of England has just published probably the most accurate and clear accounts of how the modern monetary system works ever written by …
It’s official! Economics students are being misinformed, says Bank of England
Since at least the 1960s, central bankers have, in their ones and twos, been quietly airing the message through ill-reported speeches and …
Positive Money’s Chief Economist leaves as Bank of England now knows where money comes from
Shortly after launching the Positive Money campaign in mid-2010, we got a call from the producer of a television documentary, asking for an …
Bank of England on Money and Money Creation in the Modern Economy
Where does money come from? In the modern economy, most money takes the form of bank deposits. But how those bank deposits are created is …
Building a movement for change
A Report of Positive Money's 2014 Conference By the James Gibb Stuart Trust The first day of March is not only St David's Day, but …
Will Green Party in Ireland pass full reserve banking motion?
After the Green Parties of England and Wales adopted a monetary policy very similar to Positive Money's proposals, our sister organisation …