Banks create new money in massive amounts – always as debt. How does this work towards making financial predators rich and productive …
Search Results for: history of public money creation
Bank Robbery: Why are banks allowed to create money?
Imagine a world where huge amounts of money are created out of nothing for private profit and destroyed again once profit is taken, so that …
Review of “The Production of Money: How to Break the Power of Bankers”
Summary Ann Pettifor’s new book, The Production of Money, is an excellent contribution to the growing body of thought exposing mainstream, …
Helicopter money and basic income: friends or foes?
Spurred by Milton Friedman, the concept of “helicopter money” – under which central banks would distribute money to citizens – is making …
Secrets, Ignorance and Lies: Money, Credit and Debt
“The tyranny of fraud is not less oppressive than that of force.” John Taylor of Caroline, Virginia, 1814 Chapter …
Prominent Economists who advocate Public Money Creation – Summary
Earlier in the year, Positive Money showed that there is a strong intellectual history behind the idea of Public Money Creation. We argued …
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 …
A guide to public money creation: Outlining the Alternatives to Quantitative Easing
Despite a surge in growth in 2014, a number of issues still threaten the sustainability of the UK’s economic recovery: Global growth has …
Dutch Parliament Hearing about Money Creation Sparks Debate
Positive Money’s Dutch sister organisation Ons Geld (Our Money) launched an initiative on the creation of money in January 2015. On April …