A Brief History of Credit Cards
21 December, 2012For decades, credit cards have been a means by which large banks have loaned money to poor people at interest rates approaching infinity, read an article on Cracked.com with a nice infographics: Incredibly, the above isn't an exaggeration. There are people in this situation right now where each payment to their credit card company leaves them owing [...]
Dominic Frisby talks to Ben Dyson
19 December, 2012Dominic Frisby, the presenter and producer of Frisby's Bulls & Bears - an internet radio show in which he discusses financial and economic matters with leading lights of the sector has interviewed Ben Dyson, the founder and director of the Positive Money campaign, and the co-author of the forthcoming book Modernising Money. They talk about the economic, social and environmental [...]
97% Owned DVD Launch
19 December, 2012Who creates money and where it ends up can completely transform a society, yet little is know about how and who is responsible for its creation. 97% owned is a documentary that presents serious research and verifiable evidence on the true nature of credit creation and its implications for the economic, social and financial system. [...]
New Documentary: Economic Science and the Debt Crisis
17 December, 2012How could the world's leaders and top economists not see the debt crisis coming? What are the underlying causes of this greatest financial crisis since the 1930s? And how can we get out of it? New documentary by the Swedish public broadcaster SVT is an absolute must watch. "How is money actually created? That may [...]
Positive Money on Radio Free Brighton
10 December, 2012As Chancellor George Osborne delivered his Autumn statement on the economic state of Britain, Radio Free Brighton decided to cut through the hyperbole and speak with Ben Dyson about one of the main problems at the heart of the current crisis. The full interview (15 mins) can be heard here. Most of the money created [...]
Watch new video course Banking 101
9 December, 2012We have a new video course, there are exciting news coming from Iceland, we need volunteers for our upcoming conference and we need you to start a local group, especially if you live in London. Please read below. 1) New videos: Banking 101 There’s a lot of confusion about how banks work, most university economics [...]
New Forces in the Positive Money campaign
29 November, 2012This week we've grown the team by 50% - now there's six of us! Fran and Miriam are both dedicated to social justice and sustainability of our environment and enthusiastic about making changes to our broken monetary system. They're already bringing new fresh energy, ideas and lots of experiences to our campaign for a [...]
Adair Turner: The Clearest Explanation of the Cause of Financial Crisis
7 November, 2012Adair Turner, the chairman of the UK's Financial Services Authority, member of the BoE's Financial Policy Committee, set out the fundamental cause of the financial crisis in his speech to the South African Reserve Bank on Friday 2nd Nov 2012: "The financial crisis of 2007/08 occurred because we failed to constrain the private financial system’s creation of private credit [...]
Positive Money New Zealand celebrates one year
31 October, 2012Positive Money New Zealand, a campaign to reform the New Zealand banking system was launched on the 17th October 2011 to a small but supportive audience in Wellington. The idea to launch Positive Money NZ came when the co-founders, Don Richards and his wife Sue Hamill viewed “The Secret of Oz”, a documentary by Bill [...]