Positive Money
Positive Money is a UK based organisation that campaigns against fractional reserve banking.[1][2][3][4] It was founded by Ben Dyson in 2010. Its proposals are supported by the chief economist at the Financial Times, Martin Wolf[5][6] Their proposals have been discussed in the parliament[7] and they were instrumental in organising the first debate in parliament on money creation for 170 years.[8]
Its initiative in the Eurozone is called "quantitative easing for people."[9]
In August 2016, members of the pressure group gathered in front of the Bank of England to protest against quantitative easing.[10][11]
See also
References
- ^ "U.K. Activist Group Emerges as Voice for Monetary Reform". The Wall Street Journal.
- ^ Glaser, Eliane. "Nation-states aren't households: debating their economies as if they are is stupid". New Statesman.
- ^ Hickel, Jason. "To deal with climate change we need a new financial system". The Guardian.
- ^ Chrispin, Sebastian. "Reality Check: Could the Greens change how money works?". BBC.
- ^ Wolf, Martin. "Strip private banks of their power to create money". Financial Times.
- ^ Wolf, Martin. "Martin Wolf, Financial Times: Stop banks from creating money (Positive Money)".
- ^ "Oral Answers to Questions". Hansard.
- ^ Baker, Steve. "Understanding the Money Creation and Society Debate".
- ^ http://www.latribune.fr/opinions/tribunes/la-bce-doit-reorienter-son-action-560457.html
- ^ Hamilton, Scott. "Bank of England Told Bond-Buying Won't Work by Protest Group". Bloomberg.com. Retrieved 2016-08-17.
- ^ "Monetary policy has an enormous impact on politics. It's time for a radical rethink". Guardian, economics blog.