Yes, there is a “magic money tree”
30 September, 2015There was a big buzz on Twitter this week, when this video of Zoe Williams, a Guardian columnist, claiming that "Obviously there is a money tree - it's called the Bank of England" was tweeted: (Right-click to 'Unmute' the video.) There was a huge amount of critical reactions dismissing Zoe's point, e.g.: [...]
EU better off with ‘helicopter checks’ not QE
28 January, 2015The European Central Bank is expected to unveil a multibillion, if not trillion dollar, bond buying program, to save the troubled euro economy. Quantitative Easing (QE) “hasn’t been effective in the US or the UK, what is has done is pushed up financial asset prices, it’s made the very wealthy even wealthier- very little of that [...]
Frankenstein’s bankers – the tale every taxpayer should know (Open Democracy)
25 November, 2013It is now 5 years since the banking crash but its effects are still with us. What exactly happened, what has the world done about it, and is there anything to stop something similar happening again?, asks Open Democracy in a really good and well referenced article on the lack of understanding of money and banking by [...]
The banking revolution that would wipe out Britain’s debts
11 June, 2013How about something truly radical – the complete dismemberment of the banking system as we know it and its replacement with what is known as 100pc reserve banking?, asks Jeremy Warner in his article in the Telegraph on 7th June 2013. He writes: 'This is not as ludicrous a suggestion as is sometimes made [...]
Charter for a New Financial System
10 May, 2013The community of organisations, academics and finance professionals advocating the transformation of finance is growing! At the Transforming Finance conference which took place on Friday 10th May in London and has brought together leading economists, campaigners and finance professionals, the Charter for a New Financial System was launched. [yellow_box box_size="560"] CHARTER FOR A NEW FINANCIAL SYSTEM Since the crisis [...]
Newsletter: Become a Positive Money Director
1 May, 2013This is our newsletter from 30th April 2013. If you'd liked to be kept up to date on the campaign then sign up. What do you think needs to change in finance? You have an opportunity to let us know your opinion in a survey below. There was a remarkable conference in USA last week [...]
New Monetary Reform Video from Canada
20 February, 2013Monetary Reform - a simple solution to some major problems affecting everyone in society. In this short interview, William Abram explains how money is created and some solutions that will benefit everyone. [youtube height="390" width="640"]http://www.youtube.com/watch?v=XXR_ltTLfCc[/youtube]
Former Senior Economist at the World Bank on Modernising Money
8 February, 2013Prof Emeritus and former Senior Economist at the World Bank, Herman Daly, gave a pre-recorded message for the 3rd annual Positive Money Conference "Modernising Money" which took place in London on 26th January 2013. [youtube height="390" width="640"]https://www.youtube.com/watch?v=NL2f4vOf7TU[/youtube] "Under fractional reserve banking a constant money supply is not growth-neutral; it requires and pushes growth." "The [...]
Positive Money's Third Annual Conference: Modernising Money
2 February, 2013Report by the James Gibb Stuart Trust: Almost 300 people attend sold-out event Biggest money reform gathering in our lifetimes, worldwide Second 'foundation stone', the 335-page book Modernising Money released; diagnoses the illness, prescribes the cure 9.15am, Saturday, 26 January 2013, it's a crisp, clear morning, and close on 300 people start arriving [...]