There appears to be a certain degree of misconception out there about positive money’s proposals. I have been told by someone quite knowledgeable in the field that positive money’s proposals involve going back to the gold standard which I am pretty sure is not the case.
The following link is to 2 posts about positive money which also need some comment and could provide some lively debate
http://www.themoneyprinciple.co.uk/2012/positive-money-part-1/