Ben Dyson, Founder and Director of Positive Money, spoke to the Information Daily about the financial crisis, increasingly desperate Governments and the changing times: “The answer lies in changing the way that the monetary system works. And if we don’t do that, unfortunately we’re not going to find an answer to the situation we’re in right now.”    

  After listening to the Stephanomics Radio 4 Programme yesterday morning (Stephanie Flanders talks Economics), I found it very disappointing. I emailed questions to the BBC and after a few minutes was motivated to phone in my questions but the line was continuously engaged. “Same old Same old” BBC. They asked themselves the question – “Who do we owe all this money to?” – ‘well’, came the answer ‘To each other’. I guess that implies that Financial Institutions (Private Banks) act as … Continue reading →

In a special edition of Stephanomics, the BBC’s economics editor Stephanie Flanders and an expert panel including Andrew Dilnott, Chair of the UK Statistics Authority, Janet Henry, Chief European Economist at HSBCIB and Peter Antonioni, co-author of ‘Economics for Dummies’ will try and answer your economics questions in a live phone-in. Please ring or write in with pertinent questions! Get in touch with your questions NOW: Email: stephanomics@bbc.co.uk or tweet @bbcradio4 #stephanomics or call 03 700 100 444 from 8am … Continue reading →

This is a more detailed response to the interview with Prof Dirk Bezemer on The Icelandic National Broadcasting Service, RUV (the interview starts at 38:56 min). (The first response written by Graham Hodgson can be found here.)   We’re fans of Prof Dirk Bezemer’s work (we particularly like this and this and gang8, of which he is a member, is an excellent place for discussions of the economics of money and credit). Dirk is one of  the few economists who understand money and … Continue reading →

The Icelandic National Broadcasting Service, RUV, interviewed Dirk Bezemer about Positive Money on its Sunday lunchtime current affairs programme Silfur Egils. The interview with Dirk Bezemer, in English, starts almost 40 minutes into the programme at 38:56. Dirk supports our analysis that banks abuse their powers to create money to feed asset price bubbles and enrich themselves unjustly from the price inflation consequential on their lending practices, and that government and the financial authorities should exert more control over the … Continue reading →