Economics blogger Frances Coppola writes that "Martin Wolf proposes the death of banking", in response to his article last Friday advocating …
Search Results for: a history of public money
The Power to Create Money is Safer with the State than with Banks
In any economy there must be someone with the power and authority to create money. This power historically sat with the king and the Royal …
Neither profit-seeking bankers nor vote-seeking politicians can be trusted with the power to create money
Jeremy Warner claims in his Telegraph article "Bankers have done a good job of creating money" from 2nd May 2014 that transferring the power …
Where money comes from and why it matters
Six years have passed since the financial crash of 2008. Since then there has been a parade of books explaining how it happened. We’ve …
The Bank of England dismisses the ‘money multiplier’ theory
The Bank of England has just published probably the most accurate and clear accounts of how the modern monetary system works ever written by …
Positive Money in the Press
10 year old explains where money comes from
Personal debt is at its highest level in history. We currently pay £192 million in interest to the banks every single day. Over 2 million …
Positive Money Conference 2014 – Booking Open!
When friends or acquaintances say to me that Positive Money's campaign is just not realistic, that what we are trying to change is too big, …
What was your first reaction when you learned that banks create money?
What was your very first thought/reaction when you learned for the first time that banks create money and charge interest on the money they …