Here`s a simple fact that we need to bear in mind as the financial crisis continues: We cannot solve a debt crisis by adding more …
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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 …
Weekly Update 26th July
CONFERENCE Saturday 29thOctober Meetups New videos with subtitles HELP wanted - ilustrators! Help us spread the word SAVE THE …
Visualising Money Circulation
Many economics textbooks include diagrams to show how money flows within an economy. The diagrams almost invariably show the different …
Report From the Glasgow Meetup
17 people came to the Meetup in Glasgow on 20th July, which took on a different format from the London meeting. Held in the centre of …
Fractional Reserve Banking Makes Cats Sad
Some campaigns are easier sells than others. The easiest of them all has got to be animal shelters – “kittens in distress? Where do I …
What Exactly is Full Reserve Banking?
The definition of full reserve banking can be a source of much confusion and consternation. The confusion revolves around the definition of …
Heart Transplant for our Ailing Economy
In the spring, the Banking Commission published its interim report. So what will it achieve? Not much it seems, and the banks are …
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 …