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.
This is an excerpt from James Robertson's newsletter. James Robertson is the co-author of the book Creating New Money: A Monetary Reform for the Information Age (2000). Positive Money proposals are heavily based on this work which in turn builds on the original proposal for „Full Reserve Banking“ by Irving Fisher.