Last week I introduced you to the “Sovereign Money” movement. An international network of organisations has sprung up since the last financial crash campaigning for…
Tag: money
So what can be done about our systemically flawed monetary system? Well I’m afraid if you’re looking for easy solutions you’re in the wrong place…
Over the last 2 months I have given an overview of how our monetary and banking system work, particularly in the area of money creation…
Last week I pointed out the fundamental, systemic flaw in our current monetary system: The money supply can only expand through an increase in private…
Over the last 2 weeks we’ve seen how our current money and banking system fuels cycles of boom and bust, with banks making loans (creating…
This week I wanted to show you visually some of the effects we’ve been talking about over the last few weeks. One of the points…
So why does all this matter? First of all, you need to think back to the conclusion drawn in this post: “Decisions about who to…
I’ve now, in three posts, given a basic (but reasonably complete) overview of how money creation actually happens in the real world. But what you’ve…
In the last couple of weeks we’ve seen that banks create money when they make loans, and that the only limitation on their ability to…
If banks create money simply by typing numbers into a computer, why can’t they create limitless money for themselves, and how can they go bust?…