Report by Saija Lukkaroinen, Hackney local group of Positive Money supporters
Last Thursday, the UK parliament debated the issue of “money creation and society”. This was a backbench debate, which means that no vote is taken at the end and no laws are changed; it is simply an opportunity to discuss important policy issues outside of the government’s agenda.
UK parliament debated Money Creation and Society for first time in 170 years. Here’s what they said:
Another crash is coming. We all know it, now even David Cameron acknowledges it. Or perhaps it’s inaccurate to describe this as another crash. Perhaps it’s a continuation of the last one, the latest phase in a permanent cycle of crisis exacerbated by the measures (credit bubbles, deregulation, the curtailment of state spending) that were supposed to deliver uninterrupted growth, writes George Monbiot in the Guardian, 18th November 2014.