Just Banking Conference – First Videos
20 April, 2012Really interesting and stimulating days at Just Banking Conference organised by the Friends of the Earth Scotland on Thursday 19th April & Friday 20th April! There were some great talks there. For all of you who couldn't be there, here are the first videos (recording from Livestream). Thursday: Adam Posen from Bank of England Monetary Policy Comittee & panel [...]
New Documentary & New Book about Money – Update 19 April
19 April, 2012After nearly two years of hard work, there's some real momentum building in the movement to democratise money and reform our privatised, debt-based money system. The next couple of months will see the launch of a new UK-focussed documentary about money (see below), the release of our report on the shift of power from [...]
New book "FUTURE MONEY: Breakdown or Breakthrough?"
19 April, 2012We are happy to announce that a new book about money "FUTURE MONEY: Breakdown or Breakthrough?" has been published today by Green Books. The author James Robertson, who has been described as "the grandfather of green economics", is also the author of the excellent book 'Creating New Money', which served as the basis for much [...]
Banking behing the Housing Crisis (video)
19 April, 2012Toby Lloyd, from housing charity Shelter was speaking at Positive Money conference about the consequences of the current system of money creation by banks on rising house prices, redistribution of wealth upwards, higher inequality and a culture of unearned wealth. http://www.youtube.com/watch?v=2n52BxjtBho [sws_blockquote align="" alignment="alignright" cite="" quotestyles="style02"] We are redistributing money, very effectively, through the housing system, away from the [...]
TEDx Talk – Changing The Rules of Banking
17 April, 2012This is worth watching! Excellent TEDx talk on why changing the rules of banking is so important: http://www.youtube.com/watch?v=zUl9nOqaU8s&context=C482785fADvjVQa1PpcFMzsIv1my65rbvebZZRWJJMkGCtCR-STpw= There are two rules that govern our economy: 1) In order to have more money, we have to have more debt 2) If we want less debt, we have to have less money This is why [...]
"Mickey Mouse Models" of Economics
17 April, 2012Controversial Professor of Economics Dr. Peter Bofinger refers to the models of his profession as to the "caricature of the reality" in an interview for the german version of the Financial Times. Dr Peter Bofinger - 2nd from left The interesting part is, that Prof. Bofinger is no “heretic”, but one of the most renouned economists in Germany and [...]
New Documentary Features Interviews with Positive Money
13 April, 201297% Owned investigates behind the scenes of the ever changing financial system, to uncover how the monetary system provides the foundations for international dominance and national control. Fresh thinking, new ideas and answers to simple questions are squeezed into the 2hr 10minute expose. Due for release May 1st it features frank interviews and comments [...]
Outstanding Personal Debt £1.457 trillion
12 April, 2012Outstanding personal debt stood at £1.457 trillion at the end of February 2012, according to the recent UK Debt Statistics. The average amount owed per UK adult (including mortgages) was £29,671 in February. This was around 123% of average earnings. A survey by the Co-operative Bank has suggested that 70% of [...]
Aljazeera: Debt-free Money May Well Be the Solution
11 April, 2012What's all the fuzz about money?, asks Aljazeera in its article on 5th April Debt-free money may well be the solution to restoring a sane monetary system. What if money itself needed to be changed? This is not a debate about the financial system per se, but actually an argument about the intrinsic "design" [...]