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Bank of England: Digital Cash – the end of monetary policy as we know it?
Tweet Last week the Bank of England released a key paper that analyses the ‘macroeconomics of central bank issued digital currencies’. The paper essentially asks what would happen if people could hold money electronically at the central bank, instead of … Continue reading →
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Could new UK Prime Minister make monetary policy fairer? - With Theresa May suddenly catapulted into the UK Prime Minister’s seat after Brexit and the dramatic political events that followed, exciting new opportunities have opened up for our campaign for a fair, democratic, and sustainable money system. Last week Theresa … Continue reading → The post Could new UK Prime Minister make monetary policy fairer? appeared first on Positive Money.
Tweet With Theresa May suddenly catapulted into the UK Prime Minister’s seat after Brexit and the dramatic political events that followed, exciting new opportunities have opened up for our campaign for a fair, democratic, and sustainable money system. Last week … Continue reading →
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Economic Risks beginning to crystallise: Solution – encourage more private debt!
Tweet The Bank of England says evidence is emerging that risks it identified related to Brexit are beginning to crystallise. One of the risks the Bank identified is high levels of household debt. However, to keep the financial system stable and … Continue reading →
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Not going to work because of low waged households and the growing state of unwaged consumer.
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Join the Action Resource Team! Next event Sat 23rd July -   On April 16th the Action Resource Team went to The People’s Assembly against Austerity march for Health, Homes, Jobs, Education. Joining the march was the first major outing of the Action Resource Team, a not-so-local local group I’m starting … Continue reading → The post Join the Action Resource Team! Next event Sat 23rd July appeared first on Positive Money.
Tweet On April 16th the Action Resource Team went to The People’s Assembly against Austerity march for Health, Homes, Jobs, Education. Joining the march was the first major outing of the Action Resource Team, a not-so-local local group I’m … Continue reading →
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Brexit Turmoil – Could Public Money Creation be on the cards?
Tweet Fran Boait, Director of Positive Money, in an interview on the Islam Channel TV on the alternative policy to Chancellor George Osborne’s tax rises and spending cuts: Public Money Creation. Stay in touch Please enter your name. … Continue reading →
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Next time have a bit more courage and admit it: yours are all Keynesian policies. There's nothing wrong with them, unless you're an AnarCap. 😏
Also, the stabilization of the economy needs a stabilization of the trade balance so in that perspective the depreciation of the pound is a good thing. It was overvalued, anyway.
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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 7 (You can read previous chapters here) Our system of money-creation was invented and developed during a time when war … Continue reading → The post Secrets, Ignorance and Lies: Money, Credit and Debt appeared first on Positive Money.
Tweet “The tyranny of fraud is not less oppressive than that of force.” John Taylor of Caroline, Virginia, 1814 Chapter 7 (You can read previous chapters here) Our system of money-creation was invented and developed during a time when … Continue reading →
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Our response to critics in the Cambridge Journal of Economics
Tweet The Cambridge Journal of Economics (probably the leading journal of Post-Keynesian economics) has published an entire special issue on “Cranks and brave heretics: Rethinking money and banking after the Great Financial Crisis”, inviting a range of academics to comment … Continue reading →
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Bank of England releases key paper on digital cash and blockchain
Tweet The Bank of England has just released its most significant paper yet. Macroeconomics of central bank issued digital currencies, by John Barrdear and Michael Kumhof, discusses the consequences of the central bank making a digital form of cash available … Continue reading →
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Will the new PM make sure monetary policy works for everyone?
Tweet With Theresa May suddenly catapulted into Number 10, the world of finance is trying to calculate what the new government means for the management of the UK economy. Before the dramatic events unfolded, the soon-to-be PM hinted that a … Continue reading →
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Uncertainty as Brexit still not resolved, options remain (Interview with Fran Boait on RT)
Tweet The government needs to think about the monetary policy as a potential tool in the toolkit, if, because of the instability, we go into recession, says Fran Boait, director of Positive Money in the RT interview: Stay … Continue reading →
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Review of the Bank of England to be wound up - David Blanchflower announced yesterday that he intends to wind up his review of the Bank of England, which was commissioned by the Shadow Chancellor John McDonnell last year. Blanchflower is a former member of the Bank of England’s Monetary Policy … Continue reading → The post Review of the Bank of England to be wound up appeared first on Positive Money.
Tweet David Blanchflower announced yesterday that he intends to wind up his review of the Bank of England, which was commissioned by the Shadow Chancellor John McDonnell last year. Blanchflower is a former member of the Bank of England’s Monetary … Continue reading →
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IMF: The Truth about Banks - Banks create new money when they lend, which can trigger and amplify financial cycles, reads the article published on the International Monetary Fund’s website, written by Michael Kumhof and Zoltán Jakab.  Here are a few highlights: “Most leading U.S. macroeconomists at the … Continue reading → The post IMF: The Truth about Banks appeared first on Positive Money.
Tweet Banks create new money when they lend, which can trigger and amplify financial cycles, reads the article published on the International Monetary Fund’s website, written by Michael Kumhof and Zoltán Jakab. Here are a few highlights: “Most leading U.S. macroeconomists at … Continue reading →
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A movement to democratise money and banking so that it works FOR society and not against it.
Introduction
Positive Money is a movement to democratise money and banking so that it works for society and not against it.

Our current financial system has left us with the highest personal debt in history, unaffordable housing, worsening inequality, high unemployment and banks that are subsidised with taxpayers' money. We believe that these problems have a common root: money.

Find out more at positivemoney.org
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