Given that the debt crisis has caused a near doubling of suicide rates in Greece and resulted in tens of millions more people below the poverty line, perhaps we should have a better understanding about debt and why there is so much of it. As a child I was one of those annoying kids who wouldn’t stop asking questions.  This has pretty much continued and one question that has puzzled me particularly is “who is all this debt we hear … Continue reading →

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/    

Why when the news is full of stories of debt and austerity is it still so tricky to get Positive Money’s message across? I have spent six years of my life as a teacher which has given me plenty opportunity to practice explaining unfamiliar concepts to people. However, explaining and getting people interested in monetary reform is still something I find remarkably challenging. I don’t think I’m alone in this and as such I think it’s important to explore the … Continue reading →

Imagine you live in a community with no money and you make furniture for living. Every time you want to buy something you need to exchange an appropriate amount of furniture directly or indirectly for those goods. This has a number of obvious problems. A Mr B comes along and says he has the solution. He has produced large numbers of tokens which he has got the powers that be in the community to set as a legal tender; that … Continue reading →