The Commons Debate on Money Creation and Society: both front bench spokespersons display a yawning gap in their understanding of …
Bank of England & QE
Osborne moves to cut spending to 1930s levels in dramatic autumn statement
The chancellor, George Osborne, has set out dramatic plans to move Britain from the red into the black that will see public spending as a …
We should cash-bomb the people – not the banks
Abandon helicopters. Use bombers. Bomb Germany, France, Italy, Greece, the entire eurozone. Bomb them with banknotes, cash, anything to …
Printing money to fund deficit is the fastest way to raise rates (Adair Turner, FT)
Printing money to fund deficit is the fastest way to raise rates and there are no technical reasons for rejecting this, only the fear of …
Quantitative easing: giving cash to the public would have been more effective
Now, when Janet Yellen, the Fed chairwoman, has called time on quantitative easing in the US, there are quite a few …
Printing money: Good! What you’ve been doing with it: Meh.
Monetary policy is one of the most important aspects of our world. It is also among the most misunderstood, reads the article in The Week, …
Financial reform: Call to arms (Financial Times)
"Post-crisis efforts to bolster economies and create safer banks have only preserved a flawed system.", according to the Financial Times' …
Share prices with fractional reserve banking
The popular explanation of share prices is that its all determined by “supply and demand”. If the price of something has gone up it must …
Why we disagree with Ann Pettifor
A couple of months ago, Positive Money's proposals to reform the creation of money were featured by Martin Wolf (the chief economics …