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donald dietrichI think he is on about reserves not being destroyed as he mentions 'cash' and 'clearing'. Suppose he could say what happens when we pay down our loans with more clarity. Which would probably be exactly what we know happens on their spreadsheets. Some people still split hairs in regards to 'money'...

7 hours ago

Marco SabaMaybe. Maybe not: I worked in an international investigation on money clearing institutions and so I know very well where do the money end up after refluxing to the banks......


simonthorpeOne way to illustrate the role played by banks is to look at the amount of Assets that Banks have relative to capital. It is commonly believed that banks can only lend around 10 times their capital. But the most recent figures show that while the 50 largest banks in the world have $67.6 trillion in ...

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michaelAll the logic in the world will not inspire "Mainstream MP's" to do the right thing as Positive money advocates because they are all Hamstrung by the Rothschilds Grip on the Establishment . The Green Party has introduced a "Monetary Reform Policy" which echoes the spirit of "PosiitiveMoney" and ther...

2 weeks ago

Shirley WardellIndeed Chris. It is very hard to contribute well to discussions about our economy if the basics of money are not understood....

2 weeks ago

Chris I think this is a very positive move and we should all get behind it .Surely everyone can see just how economically dumb most politicians are,. Even those with some formal economic education are hopelessly out of date when it comes to the modern digital banking world Let's go to it...

2 weeks ago
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