Under the current monetary system, bank lending is the main way in which new money is created. Banks’ lending decisions determine which …
Economic Analysis, Theory
The Bank of England – Will They Or Won’t They?
Next week, policymakers at the Bank of England will publish their latest interest rate decision. Markets had previously been confident in …
Are we finally getting a pay rise?
The past decade has been a dismal period for workers in the UK. Real wages have been in decline for much of the period since the financial …
Why I care about Sovereign Money
Positive Money's new Economist, Konstantin Bikas, shares the reasons why he cares about Sovereign Money. Where does money come from? It …
Latest wealth data shows disproportionate gains to the rich during era of QE
Analysts will be watching the Bank of England closely this Thursday for any hints about its plans to raise interest rates. But despite …
Latest wealth data shows disproportionate gains between the richest and poorest since QE
An analysis of new wealth data by Positive Money illustrates the disproportionate gains between the richest and poorest in the era …
‘Escaping Growth Dependency’ report launched in parliament
MPs discuss the role of the money and banking system in fuelling climate change through excessive debt LONDON, 18th January 2018 - …
The Bank of England needs to think outside the box
Governor Mark Carney will have to pen a letter to the Chancellor, as inflation figures out yesterday showed price rises of 3 per cent - …
To better understand UK banks we have to follow the money
From how UK banks create money to how they managed to lose so much of it in the last crisis, there are some persistent misconceptions that …