The Bank of England has just released its most significant paper yet. Macroeconomics of central bank issued digital currencies, by John …
Economic Analysis, Theory
IMF: The Truth about Banks
Banks create new money when they lend, which can trigger and amplify financial cycles, reads the article published on the …
A History of Public Money Creation – Summary
Throughout history, governments have used their ability to create money to fund public spending. While none of these policies were called, …
Inflation and the Bank of England’s Catch 22
After a slow but steady increase since October, the UK rate of inflation fell to 0.3% in April from 0.5% in March, deviating from the …
Seven ways QE has not worked in the Eurozone
It's been more than one year since the ECB’s Quantitative Easing programme started. Having pumped over €720 billion of central bank money …
What are the alternatives to QE? How about money creation for the public?
Since 2010, the Quantitative Easing (QE) programme has pumped £445 billion into the UK’s banking system. While QE may have prevented the …
Prominent politicians who advocate a different type of QE
In a recent post, Positive Money showed that there is a strong intellectual history behind the various proposals for alternatives …
A Guide to Public Money Creation: Outlining the Alternatives to Quantitative Easing
More and more people are joining Positive Money to critique the Bank of England’s current £445 billion Quantitative Easing (QE) programme …
Canada and New Zealand performed Public Money Creation (A History of Public Money Creation, Part 8)
Throughout history, governments have used their ability to create money to fund public spending. While none of these policies were called, …