35 leading economists sent an open letter to Philip Hammond asking that he supports a new form of monetary policy. Responding to concerns …
Public Money Creation
Bank of England announcement: our response
The Bank of England (BoE) has just announced its new monetary stimulus package. By lowering interest rates and expanding quantitative …
Bank of England, if old tools don’t work anymore, consider new ones
With recent data showing that economic conditions seem to be deteriorating, the Bank of England is expected to lower its UK growth forecasts …
Big Money Questions: How money is created? (Video)
"How is money created? It masquerades as such a simple question, but it’s one that befuddles MPs, even economists and so many of us who …
Bank of England: Digital Cash – the end of monetary policy as we know it?
Last week the Bank of England released a key paper that analyses the 'macroeconomics of central bank issued digital currencies'. The paper …
Economic Risks beginning to crystallise: Solution – encourage more private debt!
The Bank of England says evidence is emerging that risks it identified related to Brexit are beginning to crystallise. One of the risks the …
Uncertainty as Brexit still not resolved, options remain (Interview with Fran Boait on RT)
The government needs to think about the monetary policy as a potential tool in the toolkit, if, because of the instability, we go into …
Brexit Turmoil – Could Public Money Creation be on the cards?
Fran Boait, Director of Positive Money, in an interview on the Islam Channel TV on the alternative policy to Chancellor George Osborne's tax …
US Federal Reserve ‘Might Legitimately Consider’ Public Money Creation
The Federal Reserve 'might legitimately consider’ using Public Money Creation in ‘extreme circumstances’, when there is ‘very weak growth’ …