Our recent email campaign, sharing the results of a poll, which showed an alarming lack of understanding of how money works in Britain, received this reply from the Liberal Democrats, including Nick Clegg.
Monetary policy is one of the most important aspects of our world. It is also among the most misunderstood, reads the article in The Week, 17th October 2014, entitled How to get America to full employment — and fast
The damage done to the economic system by the tremendous support offered to banks by governments is much more serious than just misdirected lending, reads the letter by James Skinner in Financial Times, 19th Oct 2014.
On August the 19th we started an email campaign to highlight the startling results of the poll that showed that only 1 in 10 MPs understand that 97% of money is created by banks, we have encouraged all Positive Money supporters to email their MP and ask them to confirm that they are aware of these 3 facts:
Dutch national television broadcasted on 13th October 2014 a report with interviews with Martin Wolf and Positive Money’s Ben Dyson. They both spoke about the need to reform the monetary system.