Ex-Investment Banker Campaigning for Banking Reform

Simon Dixon spent the early part of his professional career in the City of London working as a stock broker, trader and finally an investment banker before starting several businesses in banking and finance. Now he spends his time focused on private equity, banking reform and presenting across the world at financial institutions, universities, governmental and non-governmental organisations.

Recently he was speaking at the Positive Money Conference “It’s Our Money!” on 29th Oct 2011 in London about ways how we can bypass the banks without waiting for the government to do something about it.

When I told the world years ago that banking was unsustainable and due a collapse because of banks ability to create money, I was often called a conspiracy theorist.

When I told economists that their theories are built upon a misunderstanding of money, I was outcasted by academics.

When I told the team at my student training company that I was pulling all sponsorship deals that my company had with the large banks because I wanted to spread my message about banks, they thought it was business suicide.

When I said that people need to protect themselves for when governments go bust and default on their debt, they said I need to stop eating coco pops.

Today, they ask me to write a book on it!

With the rise of occupy wall street, countries going bankrupt, banking bailouts and injustice, I have found that more people are willing to listen and act and that the doubters are coming back.

Read Simon’s blog here.

In early 2012 Simon is aiming to launch BanktotheFuture.com – a bank which has 4 main principles.

1. The money is yours – it will not belong to the bank, as it does, legally, under UK law at present

2. You will always know what your money is used for, because you will allocate it, or you will approve its allocation.

3. BanktotheFuture.com will only support productive enterprise. “If you want to borrow money to go on a holiday this is not for you.”

4. Importantly, it will not use its banking license to create money!