Archives for June 2014

Why we disagree with Ann Pettifor

A couple of months ago, Positive Money's proposals to reform the creation of money were featured by Martin Wolf (the chief economics …

In 2010 the governmentcancelled a program to rebuild 715schools, because they'd run out of money. But at the sametime the Bank of England …

Cash is disappearing. It is being replaced by electronic money which is just numbers in computers and other electronic devices. The joke is …

[first]Every 3 months the Bank of England publishes it's flagship 'Quarterly Bulletin', which explains more about how it works, how it sees …

[first]Lord Turner, former chairman of the Financial Services Authority, is moving ever closer to advocating that the state should issue …

"Economics course have been teaching a model of banking that advisors to the Bank of England have been saying is completely inaccurate since …

Banks, unlike private citizens, have the right to create almost as much money as they want out of thin air. This monopoly (which other parts …

"I think it's clearly the case that UK has an economic model where every time we start growing, we tend to have a very significant house …

Press Release: Launch of the Vollgeld Initiative, Media Center Bern, Switzerland, Tuesday, 03/06/2014 by Hans Ruedi Weber, president of the …