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Positive Money

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Positive Money
File:Logo of Positive Money.png
Formation2010; 10 years ago (2010)
TypeNon-governmental organization
PurposeEconomic justice, democracy
HeadquartersLondon, United Kingdom
Region served
United Kingdom
Fran Boait
AffiliationsFinance Watch
15 (2017)

Positive Money is an organization based in the United Kingdom that has focused on criticism of fractional-reserve banking[1][2][3][4] It was founded by Ben Dyson in 2010.[5]

Context and history[edit | edit source]

Ben Dyson created the organisation Positive Money in 2010.[5]

In Switzerland Hansruedi Weber created the association Monetary Modernisation in 2011[6] which launched the "sovereign money" initiative in 2014.[7][5][8] The "sovereign money" initiative would prohibit commercial banks from creating money and give this power to the Swiss National Bank.[9]

In 2014, Positive Money initiated the International Movement for Monetary Reform to reunite similar organisations around the world.[5]

In August 2016, members of the group gathered in front of the Bank of England to protest against quantitative easing.[10]

Policy ideas and proposals[edit | edit source]

While Positive Money has long pushed for a single proposal (the "sovereign money" plan[11][8]), it has put forward a larger set of proposals over the years including:

See also[edit | edit source]

References[edit | edit source]

  1. Jason Douglas, "UK activist group emerges as voice for monetary reform", The Wall Street Journal, 19 August 2015 (page visited on 23 February 2018).
  2. Glaser, Eliane. "Nation-states aren't households: debating their economies as if they are is stupid". New Statesman.
  3. Jason Hickel, "To deal with climate change we need a new financial system", The Guardian, 5 November 2016 (page visited on 23 February 2018).
  4. Chrispin, Sebastian. "Reality Check: Could the Greens change how money works?". BBC.[dead link]
  5. 5.0 5.1 5.2 5.3 (in French) "Monnaie pleine : une opportunité en Suisse pour changer la monnaie" [The "Full money" federal popular initiative: an opportunity to change currency in Switzerland], La revue durable, number 60, winter-spring 2017-2018, pages 26-29.
  6. (in German) Monetary Modernisation association, official website (page visited on 23 February 2018).
  7. "Sovereign money" initiative, official website (page visited on 23 February 2018).
  8. 8.0 8.1 (in German) Daniel Eckert, "Der Krieg um das sichere Geld der Zukunft", Die Welt, 12 January 2014 (page visited on 23 February 2018).
  9. Mehreen Khan, "Switzerland to vote on banning banks from creating money", The Daily Telegraph, 24 December 2015 (page visited on 23 February 2018).
  10. Hamilton, Scott. "Bank of England Told Bond-Buying Won't Work by Protest Group". Bloomberg.com. Retrieved 2016-08-17.
  11. "Sovereign Money: An Introduction - Positive Money". positivemoney.org. Retrieved 2017-11-12.
  12. "Digital Cash: Why central banks should issue digital currency". positivemoney.org. Retrieved 2017-11-12.
  13. Ben Dyson, "Money has been privatised by stealth", The Guardian, 15 November 2011 (page visited on 23 February 2018).
  14. "A Guide to Public Money Creation: Outlining the Alternatives to Quantitative Easing - Positive Money". positivemoney.org. Retrieved 2017-11-12.
  15. Ben Dyson, "Change to UK's money system could solve our long-term economic problems", The Guardian, 6 February 2014 (page visited on 23 February 2018).
  16. "Making the Bank of England and Treasury work together - Positive Money". positivemoney.org. Retrieved 2017-11-12.

External links[edit | edit source]

Others articles of the Topic Business and economics : List of female chefs with Michelin stars, Criticism of debt, Management, Timeline of Square, Business, Currency, Hungry Hub

Others articles of the Topic United Kingdom : Krabi International School, Insworld Institute, Guardian Monthly, List of largest book publishers of the United Kingdom, Insurrextion (2003), Jack Anthony Isaacs, Great Britain women's junior national softball team

This article "Positive Money" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Positive Money. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.

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