Back to Archive

Could we cut poverty, lower stress levels and make housing affordable by changing how money is created? (Daily Mail)

Positive Money argues, banks have a magic money tree, which it believes the government should control instead, reads the extensive article about the Positive Money campaign and its supporters in the DailyMail, 27th Nov 2017.
12 highlights from 2022

Positive Money argues, banks have a magic money tree, which it believes the government should control instead, reads the extensive article about the Positive Money campaign and its supporters in the DailyMail, 27th Nov 2017.

Here’s a short extract:

Rob Moore, the IT executive, often does charitable work in his community. But he’d like to help create a society where there is no need for food banks.

Solicitor Jim Murray wants to tackle the inequality and housing shortage he sees on a daily basis in Liverpool.

Psychotherapist Joanne would like people to be free from stress-inducing jobs and biologist Tim Doheny Adams wants to see technology used to prevent environmental disaster.

The solution all of them have come up with: change the way money is created.

They want to take it out of the hands of the banks – and even create money to help in society where it is needed most.

Few of us give how money is created a second thought. We happily – or unhappily – earn it, owe it, trade with it, and dream of more of it.

Read the whole article here.

 

Related Publications

Get the latest campaign updates