Liberating ourselves from the private credit model of money creation is a necessary first step on the path to a more just, sustainable …
Archives for May 2014
Hyperinflation is born in extremis
Financial Times has published the letter by Ben Dyson, founder of Positive Money, in response to Philip Booth's Comment from April 29th. …
Positive Money proposals simply force banks to work like any other financial sector business
Economics blogger Frances Coppola writes that "Martin Wolf proposes the death of banking", in response to his article last Friday advocating …
The Positive Money proposal in balance sheets
Clearing up some confusion The monetary system is complicated, as are the various proposals for reforming it. Unfortunately, it is often …
The Power to Create Money is Safer with the State than with Banks
In any economy there must be someone with the power and authority to create money. This power historically sat with the king and the Royal …
Neither profit-seeking bankers nor vote-seeking politicians can be trusted with the power to create money
Jeremy Warner claims in his Telegraph article "Bankers have done a good job of creating money" from 2nd May 2014 that transferring the power …