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SimonThe Labour reply is rather vague, along with Conservatives and Lib Dems. They seem to be unable to make the connection that increasing credit boosts the economy, then paying down debts will cause a recession. Restricting lending as they propose will slow the economy down, and make existing debt hard...

12 hours ago
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RJJake is correct. re what you have posted. The deficit is not borrowed. the Govt like the banks simple create new money (reserves) by JE whenever the spend. And then drain these reserves by either tax (that makes us all poorer) or by issuing bonds once again created on a computer screen. So no borro...

6 hours ago

SimonThe deficit is borrowed and at least part of it plus interest is paid back by the tax payer...

12 hours ago

jakenothing wrong with increased deficit spending. The Deficit is simply spending which exceeds taxation (G>T).What you are talking about it the public borrowing which the govt chooses to match with the deficit to "finance" it....

12 hours ago
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Positive Money’s first retreat (Video)

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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.

Shirley WardellMarco, where can we get one of those? Sir Bob or Russell Brand?...

4 days ago

Z M 4 JSo jealous......

2 weeks ago

MarcoYou guys must have had a great time. One suggestion how to increase awareness. You need to have a well known celebrity as a supporter who is known for its work and fight against poverty and equality. How about trying to get Bono from U2 or Bob Geldof on board? This change of monetary system would be...

2 weeks ago
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mr richardmorgan credits is a Loan lender Company and we give out Loan to serious minded and honest applicants who are in need of loan. There is No Credit Check or Upfront Fees, Annual percentage Rate is 5%Maximum Loan time is 8 years.No Collateral but your Name and Address will be verified.Have you been turn...

4 days ago

RJSince 2010 we’ve been working to raise awareness of the fact that the same banks that caused the financial crisis currently create 97% of the money in our economy and decide where that money goes.Yes agree (but surely its 100%. Bank notes are just a token for bank credit. Credit must come first). ...

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SimonB***** off...

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