• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Go to Positive Money Europe

Positive Money

Making money and banking work for society

  • About us
    • Our vision
    • Who we are
    • History & highlights
    • Contact us
    • Vacancies
    • In the media
    • Funding & Annual Reports
  • What we do
    • Educate & empower
    • Research and Policy
    • Campaign & local groups
    • Influence decision makers
    • In the media
    • International Movement
    • Events
  • Resources
    • Videos
    • Publications
    • Local group resources
    • Lobby your MP
    • Organise an Event
    • Policy resources
    • Shop
  • Press
  • Blog
  • Donate
  • Positive Money Europe

Radical idea to transform the economy (Financial Times)

by Positive Money

Policies since the financial crash have been timid compared with historic examples, writes Martin Sandbu in his article published in the Financial Times on 29th Aug 2017, in which he offers “three radical ideas to transform the post-crisis economy”.

Here’s a short extract:

If private management of the money supply is a recipe for instability, the radical alternative is to nationalise the money supply. This is do-able today: central banks can offer accounts to all members of the public (or make central bank reserves available to everyone). Banks could be restricted to allocating existing savings to investments, rather than creating new credit.

Read the whole article here.

In the News, Options for Banking Reform

Positive Money

Primary Sidebar

Get our latest campaign updates

Recent Posts

  • Apartheid in the World Bank and the IMF
  • Positive Money tells MPs that post-Brexit financial regulation falls short on environment and accountability
  • A green wish come true or more greenwash?
  • Rishi Sunak’s sending mixed messages
  • Banks fuel climate crisis to the tune of £1.9 trillion

Footer

Follow us on social media

  • Facebook
  • Instagram
  • Twitter
  • YouTube

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.


Privacy Policy, Terms & Conditions


Positive Money is a company limited by guarantee registered in England and Wales. Registered number 07253015.
Registered office: 307 Davina House, 137-149 Goswell Road, London EC1V 7ET.


Positive Money Europe