‘Change has got to come’ on monetary policy, says Prime Minister
5 October, 2016Exciting news! Prime Minister Theresa May said in her speech at the Conservative party conference that “change has got to come” on monetary policy. While monetary policy with super low rates and quantitative easing have provided emergency medicine, we have to acknowledge some of the bad side effects. People with assets have got richer, while people [...]
Debate on Quantitative Easing in UK Parliament (Video)
16 September, 2016An important debate took place in the UK Parliament on Thursday 15th September 2016. The House of Commons debated for the first time since the new £70bn Quantitative Easing programme began last month. This debate was scheduled by the Backbench Business Committee, following a representation from Ian Blackford, Scottish National Party MP for Ross, Skye and Lochaber. [...]
Debate on QE in the House of Commons – Will your MP be there?
14 September, 2016We’ve got an exciting opportunity on our hands. This Thursday, MPs will debate the government’s quantitative easing (QE) policy in the House of Commons. [1] Chancellor Philip Hammond is hoping QE will kickstart the economy. But we know QE only makes the richest richer, pumps up property markets, and does nothing for the rest of us. [...]
Conference on monetary reform hosted jointly by the Icelandic Prime Minister’s Office and KPMG Iceland
2 September, 2016On Monday the 5th of September at 8:30AM, the Icelandic Prime Minister’s Office (PMO) and KPMG Iceland will jointly hold the conference “Money Issuance – alternative monetary systems” to mark the publication of a KPMG report, commissioned by the PMO. The conference will be held at Icelandair Hotel Reykjavik Natura, Nautholsvegur, Reykjavík. Background When commercial [...]
Don’t use money to flood financial markets. Give it to people instead (Video)
26 August, 2016Positive Money has launched a new campaign calling for an end to quantitative easing in favour of alternative monetary stimulus measures. Positive Money director Fran Boait explains what the campaign about: "We know QE increases inequality and we’re campaigning here today to say ‘Don’t do it again, we don’t want more inequality, we don’t need [...]
Create money for people, not financial markets (Video)
22 August, 2016On Wednesday 17th August we launched a new campaign calling for an end to quantitative easing in favour of alternative monetary stimulus measures. RT News - amongst many others - has reported on it. Watch the video which includes interviews with Professor Steve Keen, our director Fran Boait and our research and policy analyst Frank [...]
Quantitative Easing is back – but will it help the real economy? (nef)
19 August, 2016Last week the Bank of England surprised commentators with the scale of its post-Brexit monetary stimulus package. It included a new £70bn round of quantitative easing (QE), the first since 2012, as well as the more widely predicted 0.25% cut to interest rates, writes Josh Ryan-Collins, Associate Director of the Economy and Finance team at New Economics [...]
Create money for people, not financial markets – Campaign launch
18 August, 2016About forty Positive Money supporters gathered on Wednesday 17th August outside the Bank of England to launch a new campaign calling for an end to quantitative easing in favour of alternative monetary stimulus measures. The event came just two weeks after the Bank of England announced its intention to create £70bn in an attempt to [...]
RT: Govt policy exacerbates house prices (Video)
12 August, 2016"We have an economy that relies on house prices getting higher and higher whilst wages have been stagnating and savings depleted. One of the reasons for this is monetary policy that results in maintaining asset price bubbles including housing." Fran Boait, Executive Director for Positive Money spoke on the RT report that 1/3rd of working [...]