In the News

Home » Blog » In the News

RJBut this is incorrect and shows the writer hasn't a clue how the US treasury system works"This should be funded directly by Fed-printed money (not bonds bought by Fed-printed money), thereby directly increasing the money supply. "Whenever the US spends it pays the banks with reserves created out of ...

3 days ago

RJGood article. But the writer is very confusedThis is almost right"Yes, through its program called "quantitative easing," the Fed has been creating money out of thin air and using it to buy U.S. government bonds. But because the Fed has been using this money to buy bonds that are simply kept on its b...

3 days ago

J Sumner (EthosDel)Is sustainably living on planet part if this equation in process?...

4 days ago
latest comments - view discussion

simonthorpeYou can petition the producers of 'In our time" herehttps://ssl.bbc.co.uk/programm...Here's what I have just told themOver 30,000 people have signed up to the Positive Money movement. They have been arguing, very coherently, that virtually all are current problems can be traced back to a totally bro...

6 days ago

simonthorpeWhy Dutch television? Why on earth can't th BBC do this too?I note that BBC radio 4 is proposing to do a Listener Week in November, with 3 programs that will present ideas proposed by listeners - Woman's Hour, In Our Tme, and Saturday Live.http://www.bbc.co.uk/blogs/rad...Isn't it the right moment t...

6 days ago
latest comments - view discussion

RJSorry but this statement is not correct. Coins have a liability just like notes.The liability - the Govt will accept these coins back for the payment of taxes or bond purchases. There si no such thing as debt free money. I think PM means no interest debt free money. The debt exists (as Govt debt) b...

5 days ago

being DUNthe debt was never paid but tranfered to another company of a group of companies belonging to the same company. UK goverment should be accountable for the part they played to cover the fraud in the USA.....

2 weeks ago

GWHodgsonThe question was about coins, not banknotes.The government could buy goods and services using freshly minted coins. The only obligation (liability) it would incur by doing so would be to refrain from seizing more goods for non-payment of taxes when these coins are returned. Instead, it choses to iss...

2 weeks ago
latest comments - view discussion
×
back to top