Help us Win the Argument for Reform of our Debt-Based Money System…
18 January, 2012The coming year will be critical for the campaign to reform our monetary system in the public interest. With European finance in chaos and the prospect of another global banking collapse we're determined to be ready to make the strongest possible case for reforming our debt-based, bank-controlled monetary system.We need to step up our research [...]
Steve Baker MP: Brilliant Speech in Parliament
7 December, 2011Steve Baker MP, who spoke at Positive Money's annual conference in October, has just made a brilliant speech in the House of Commons. I've highlighted some sections in bold. You don't have to agree with the political points but the points about money are spot-on. "I am reminded of something a constituent said to me [...]
FT Alphaville: Seems We Touched a Nerve
15 November, 2011Our article on the Guardian's Comment is Free section sparked some intense discussion, attracting 350 comments - more than any other CiF article that day excluding the initial announcement of Occupy London's Occupation of CiF. It seems we touched a nerve at the FT blog though, where Izabella Kaminska has a few things to say. After a brief [...]
Money Has Been Privatised by Stealth
15 November, 2011The greatest privatisation in history has gone unnoticed. It's time to take from the banks the power to produce money, according to The Guardian, 15th Nov 2011 It's common knowledge that printing your own £10 notes at home is frowned upon by Her Majesty's police. Yet there's a small collection of companies that are [...]
Government Planning to Privatise Money!
21 October, 2011As if privatising the NHS wasn’t enough, the government is now planning to privatise money. They want to give private corporations the authority to create new money out of nothing, just by typing numbers into people’s bank accounts. Ordinary people like us would have to borrow every single pound we need from the banks, [...]
Mervyn King Speech: The Plight of Small Businesses
19 October, 2011Sir Mervyn King, Governor of the Bank of England, gave a speech yesterday afternoon. Most of it was unremarkable, but the following paragraph is worth highlighting: Smaller and medium-sized companies (SMEs), however, are constrained to borrow through the banking system. And there is special concern about their ability to obtain credit – I share that concern [...]
3 Things You Can Do to Change the System…
21 September, 2011Here's 3 upcoming events that you can get involved in to help us change the banking system for the better: THURSDAY 29th SEPTEMBER: PROF RICHARD WERNER & NEF LAUNCH 'Where Does Money Come From?' @ WINCHESTER Get your free ticket to see Prof Richard Werner and Lord Adair Turner at the University of Southampton’s [...]
The Consumption and Saving Trend of the UK Households'
14 September, 2011Daniyal is a volunteer for Positive Money, and is researching the impact of the current banking system on debt, poverty and inequality. Households saving is the proportion of disposable income that is not spent on consumption, or alternatively the difference between current income and current consumption. Households' decisions to save or spend plays a key [...]
Independent Commission on Banking: Final Report
12 September, 2011The Independent Commission on Banking released their final report this morning. Our analysis is below. Imagine that the government establishes a Commission to report on measures to reduce traffic accidents and deaths on the road, giving them a staff of 15 civil servants, a budget of millions, the opportunity to consult the public and a [...]