So far more that 1800 people have emailed their MPs about our Dodds poll which revealed that 7 out of 10 MPs think that only the government and create new money; and, only 1 out of 10 MPs know that new money is created by commercial banks when you make a loan. Labour MPs replied in a variety of ways and then they settled on the following as a standard response (in italics):
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.
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:
From the 19th to the 21st September 2014, Positive Money held its first retreat at the University of Cumbria in the Lake District. Positive Money supporters, staff and Directors came together in stunning surroundings to discuss the Positive Money network, our role within it and ideas for the future.