Positive Money UK
yesterday at 19:49. Facebook
Positive Money UK
01/20/2017 at 18:42. Facebook
Why can money be created for banks but not for the poor people?
(Turn captions on for the English subtitles.)

French Economist Gaël Giraud explains why it would be perfectly sensible to use money creation to finance e.g. the transition to renewable energy.

Quantitative Easing for People
Quantitative Easing pour le Peuple
Positive Money UK
01/19/2017 at 17:04. Facebook
Please share with people who might be right for this role and with your friends. Thank you!

Positive Money are hiring: Chief Economist

positivemoney.org
Positive Money UK
01/18/2017 at 21:13. Facebook
The past hundred years have brought us unprecedented development, especially through ever-evolving technology. In consequence never in history have so many people have lived so well. Yet our society and humanity as a whole are…

Lack of money – Understanding our monetary system

positivemoney.org
Positive Money UK
01/17/2017 at 18:28. Facebook
Many factors contribute to the growing inequality, but one of the most significant is often overlooked and least understood: the role of money creation by banks.

If we want to seriously tackle inequality, we need to look closely at the functioning of our money system.
[ Positivemoney.org Link ]
Positive Money UK
01/17/2017 at 11:49. Facebook
Nice to see a Trump's advisor making the same points Positive Money has been making for years...
[ Ow.ly Link ]
#Davos
Positive Money UK
01/16/2017 at 20:10. Facebook
Positive Money UK
01/15/2017 at 16:46. Facebook
"Bankers are simply the most highly paid civil servants we have. That’s ludicrous."
Martin Wolf, Chief Economics Commentator of Financial Times.
Proceeds from creating new money go to the banks rather than the taxpayer
According to new data from the Bank of England, consumer borrowing increased by its fastest rate for more than a decade in the run-up to the festive period, reaching levels not seen since the peak of the financial crisis. Consumer … Continue reading →

British people borrow at fastest rate in 11 years

positivemoney.org
Adair Turner, former chairman of Britain's Financial Services Authority...
The truth about the traditional banking model: it is dead. Ok, to be temporally current, it is dying. Six reasons why: 1) Banks can’t price risk in lending – we know as much since the revelations of 2007-2008. If … Continue reading →

Dead or Dying… A Requiem for the Traditional Banking Model

positivemoney.org
A booming Britain? Whose GDP do we mean, when the wealth gains of the past decade have all been in London and the south-east?
[ Theguardian.com Link ]
Utopian idea or necessity?
[ Theguardian.com Link ]
The emergence of blockchain has breathed new life into the ideas of economists Adam Smith, David Ricardo and Milton Freidman, and could potentially trigger a revolution in central banking, reads an article in the World Finance, 21st Dec 2016 … Continue reading →

The digital currency revolution could eliminate commercial bank money altogether

positivemoney.org
"If we had a money system in which governments had a sovereign control over the money supply, then it would be perfectly legitimate for governments to invest in the things that we need in order to create a good society, a low-carbon society, which is sustainable, in which we have more equality. The money system is absolutely key to that vision." Prof Tim Jackson
In coming to terms with the still smoldering financial crisis, little attention has been paid to the flaws within our monetary system and how these flaws...

Sovereign Money - Beyond Reserve Banking | Joseph Huber

palgrave.com
"The digital currency revolution could go even further and eliminate commercial bank money altogether; leaving only paper cash and digital currency issued by the central bank. This could occur if there was a full shift in deposits from commercial banks to the central bank and electronic commercial bank money was no longer used to make payments."

Cashing in on blockchain technology – World Finance

worldfinance.com