Financial Times: Pre-school lessons for the bankers
22 January, 2013Banks, and other financial services companies, may be allowed into UK schools to help teach personal finance, under proposals put forward by MPs, the Financial Times reported on 20th January 2013. Here is a short extract: Banks and bankers need to address their own educational needs before they are let anywhere near schoolchildren. Their first lesson [...]
How banks create and destroy money – A guide to the Eurozone monetary system
16 January, 2013This publication by Sensible Money demonstrates the accountancy procedures by which banks create and destroy the vast majority of the Eurozone's money. It also explains how money is transferred domestically and throughout the Eurozone as well as procedures like quantitative easing and how the ECB attempts to implement its monetary policy. It has been adapted to [...]
NewsTalk Ireland: So where does money come from anyway?
10 January, 2013An article entitled "So where does money come from anyway?" written by Paul Ferguson from our sister organisation in Ireland Sensible Money was published on a national radio station’s website NewsTalk on 4th January 2013. Here is an extract: Believe it or not, digital money comes from bank loans. Banks create the money they lend ‘by simply [...]
Legalise Freedom: A simple solution to the debt crisis
8 January, 2013Legalise Freedom radio online which features interviews with some of the World’s foremost alternative thinkers and researchers has broadcasted an interview with Ben Dyson: LISTEN HERE Ben explains some of the common misconceptions that politicians and policymakers have about money and banking, he talks about the proposals of separation of retail and investment banking, about the mainstream [...]
Ouch!: Ignorance is Bliss, Except when It Hurts (Video)
5 January, 2013"We live in a world dominated by a system that most of us aren't aware of, never mind understand. When it comes to money and how it really works, most of us are too busy, too bored or too bewildered to think about it, despite being at the sharp end of the consequences. We [...]
FT: Time to update and adapt the Bank Charter Act of 1844
4 January, 2013James Skinner, an economist actively engaged in renewable energy and sustainable transport initiatives, has written a letter to the editor of the Financial Times entitled "Time to update and adapt the Bank Charter Act of 1844", which was published on 26th December 2012. He explains that only 3% cent of the money supply today is issued in [...]
A lot has happened…
31 December, 2012With 2012 almost over, we want to give you a roundup of what has happened this year. It has been a busy year for the Positive Money campaign, a lot has happened during the past 12 months, so here is a brief run down: We have trained speakers all around the country who are now able to speak about the [...]
Bank of England Official: Occupy "were right" (video)
23 December, 2012The main stream press was eager to quote Andy Haldane, the Executive Director of Financial Stability for The Bank Of England, when he publicly announced that Occupy was right. However Andy Haldane's proposed reform strands, which he memorably calls the 5C's, do not go very far in addressing what Occupy stands for. The Bank of [...]
Radio Warwickshire Christmas Lecture 2012 with Ben Dyson
23 December, 2012Ben Dyson from Positive Money gives the Radio Warwickshire inaugural 2012 Christmas lecture. He explains where money comes from, the banks role in creating debt, the financial crisis & what needs to be done to rescue the economy. Listen here: