At the next Occupy Democracy General Assembly demonstration on the 24th January, alongside someone from the Positive Money Team I will be putting forward Monetary Reform (Democratising Money Creation/Full Reserve Banking) to be included in our Provisional List of Demands. This follows on from the workshop given by Positive Money’s Fran Boait which took place whilst being evicted en-masse from Parliament Sq. Here is her blog describing it.
The 2015 general election will take place nearly seven years after the financial crisis of 2008, yet the root causes of the crisis have barely been addressed by mainstream politics. This week the leading civil society groups working on transforming finance are calling for this to change.
Banks create money out of thin air - we know it, you know it, but most people on the street still have no idea! They have even less understanding about how the current monetary system contributes to high levels of debt, unaffordable housing, inequality and environmental breakdown.