Household budgets are deteriorating at a faster rate than during the height of the recession in early 2009, according to The Telegraph, 22 …
In the News
RBS Invests in Cluster Bombs
The Royal Bank of Scotland is one of the high-street banks that is investing hundreds of millions of pounds in companies that manufacture …
Can Positive Money help fix a fatally flawed banking system?
An article was published in Ecologist, 17th August 2011, here is an extract: Banking reform might sound like something of a …
Would you credit it? How money is lent into existence
In Financial Times, 18th August 2011 there was published a letter from Dr. Michael Reiss: Sir, The phrase “credit crunch” has been …
Are we heading for a second global financial crisis?
An interesting article was published in Guardian, Wednesday 3 August 2011 that shows the mainstream coming around to the idea that an out of …
UK Banks Fund Deadly Cluster-Bomb Industry
According to The Independent, Tuesday 16th August 2011: British high-street banks, including two institutions that were bailed out by …
Should Banks Create Money? What does a member of the European Parliament think…
Simon Dixon asks member of the European Parliament and economist Sven Giegol: Should Banks Create Money? One of those rare moments where …
To Whom Do We Owe This Money, Exactly?
Positive Money was mentioned in Guardian, 26th July 2011, in a letter from Martin Hyams: If all countries from the richest …
Forget Phone Hacking – The Real Outrage Should be at the Banking Crisis
In a brilliant article on Huffington Post, Margaret Heffernan writes: "Complexity has been the banker's friend. Unlike the phone hacking …