This is the 3rd part of the series The Grassroots Reinvention of Money. You can read the 1st part here and 2nd part here. Profitable and …
Archives for September 2013
Wikipedia does not describe the process of money creation correctly
The pages in Wikipedia on fractional reserve banking, and money creation still give top billing to the discredited …
FT: Western economies hooked on ever-expanding levels of debt
Every now and then a financial journalist hits the nail on the head in the issue of the debt crisis. An article entitled "West’s debt …
The Grassroots Reinvention of Money Part 2
Money and Unmoney This is the 2nd part of the series The Grassroots Reinvention of Money. You can read the 1st part here. The advent of …
There are none so blind as those who will not see
[sws_blockquote_endquote align="right" cite="" quotestyle="style02"] There are none so blind as those who will not see Old English …
Osborne in denial over housing bubble – says City AM
We’ve been warning for three years that there are only two ways to get the economy growing again: 1) Allow banks to create more …
Can you help avert another financial crisis?
Andrew Jackson, Positive Money's chief economist (and co-author of Modernising Money and Where Does Money Come From?) is just typing up the …
End fractional reserve banking and fix the economy
When you ask the man in the street how money works, they will suggest that it’s a system of tokens that circulate forever. That system is …
Green Party passed a motion to place money creation into public hands and end fractional reserve banking
The Green Party of England and Wales made history by joining the US Green Party in calling for an end to the private creation of money by …