Positive Money
Why diversity at the Bank of England matters
14 June, 2018We need to be looking at more than just gender to ensure the central bank reflects wider Britain, argues REBECCA ZACK Yesterday, in a speech, Anil Kashyap, member of the Financial Policy Committee (FPC), disparagingly referred to himself as the “token academic”, meekly stating how he was, “not sure how much value he adds” to [...]
Money creation and inequality – an underexposed topic
9 January, 2018This blog post, written by Lino Zeddies from German campaign group Monetative, was originally published on the International Movement for Money Reform website: Some weeks ago our German sovereign money reform organization "Monetative“ held its annual conference on “Money. Power. Inequality.” to discuss how the current money system with private banks power to create deposit money affects the [...]
The Spider’s Web: Britain’s Second Empire
16 December, 2017Listen to this interesting interview with the members of Positive Money local group in Southampton, Charlie and Phil, about the new film The Spider's Web: Britain’s Second Empire, on Awaaz FM Radio: http://positivemoney.org/wp-content/uploads/2017/12/The-Spiders-Web-2.mp3 (44 min) The Spider’s Web: Britain’s Second Empire produced by John Christensen (co-founder of the Tax Justice Network) and directed by Michael Oswald, [...]
Chancellor Philip Hammond is listening to us
8 December, 2017Exciting news - Philip Hammond has committed to tackle the lack of diversity in the most powerful positions at the Bank of England. This is good news: a more diverse range of people in charge should lead to better and fairer decisions for our economy, and this happened after Positive Money called for it. Read [...]
Former Bank of Spain governor advocates public institutions creating money (Video)
5 December, 2017On 07 November 2017 Miguel Ángel Fernández Ordóñez, former governor of the Bank of Spain, made a statement in favour of money being created by public institutions instead of private banks. Speaking at the Investigative Commission on Spain’s financial crisis and financial assistance programme, Ordóñez cited technological advances as an argument in favor of stable [...]
Could we cut poverty, lower stress levels and make housing affordable by changing how money is created? (Daily Mail)
29 November, 2017Positive 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 [...]
Bank of England tries to help improve people’s understanding of economics (Financial Times)
28 November, 2017Andy Haldane, Bank of England's Chief Economist, said that the Bank of England should embrace simpler explanations, such as calling QE “printing money”. The Bank is now producing cartoons, videos, games and competitions, as well as starting a new outreach programme, to help improve people’s understanding of the links between the economy and their everyday lives, [...]
The budget does not address the fundamental problems with our economy (BBC Radio)
24 November, 2017"For ordinary households, the budget means more of the same. It does not address the fundamental problems with our economy, which are resulting in falling wages and falling living standards." Positive Money executive director Fran Boait talks to Mark Forrest about what the Budget means for ordinary households, whether this is the end of austerity, [...]
Budget 2017: Chancellor’s policies will contribute to rising housing costs (TalkRadio)
23 November, 2017Utterly disappointing budget from Philip Hammond offers more of the same tweaks and gimmics and no real solutions for the UK economy which is heading into intensive care, argues Fran Boait, Positive Money's director in the interview on TalkRadio this morning (from 7:09AM). http://positivemoney.org/wp-content/uploads/2017/11/Fran-Talk-Radio-23_11.mp3 "The abolition of stamp duty may assist some onto the property [...]