“The tyranny of fraud is not less oppressive than that of force.” John Taylor of Caroline, Virginia, 1814 Chapter …
Archives for 2016
IMF: The Truth about Banks
Banks create new money when they lend, which can trigger and amplify financial cycles, reads the article published on the …
Breakthroughs from three most influential central banks
Three exciting breakthroughs have happened over the last two weeks! They involve three of the world’s most powerful central banks: the Bank …
What does Brexit mean for monetary reform in the UK?
The UK voted to leave the European Union by 52% to 48%. The referendum is being treated as binding by politicians, so once article 50 of the …
Prominent Economists who advocate Public Money Creation – Summary
Earlier in the year, Positive Money showed that there is a strong intellectual history behind the idea of Public Money Creation. We argued …
Bank of England: UK banks to lose their status as ‘gatekeepers’ to the payment system
In a significant breakthrough, the Bank of England (BoE) has just announced it will be adopting a policy change that Positive Money has been …
US Federal Reserve ‘Might Legitimately Consider’ Public Money Creation
The Federal Reserve 'might legitimately consider’ using Public Money Creation in ‘extreme circumstances’, when there is ‘very weak growth’ …
Do you know where money comes from? (NEW Video)
We went to ask young people a few questions about money. Our broken money money system hits young people the hardest. High house …
A History of Public Money Creation – Summary
Throughout history, governments have used their ability to create money to fund public spending. While none of these policies were called, …