The Money Chronicle
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Issues dealing with money reform and changes to our monetary system
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Power of Banks vs Democracy

http://www.positivemoney.org/ You've probably heard the idea that money is power. If that's true, then imagine how much power you'd have, if you could CREATE...
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Apple Achieves Holy Grail of Tax Avoidance

Bill Black: Senate questions CEO Tim Cook how company earned $30 billion in 'international' profits while paying zero taxes
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How failed banks on life support can grant humungous bonuses - Positive Money

How failed banks on life support can grant humungous bonuses - Positive Money | The Money Chronicle | Scoop.it
RT @PositiveMoneyUK: How failed banks on life support can grant humungous bonuses http://t.co/MGNn0UZNMU
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The Just Third Way

The banking theory and understanding of money and credit in binary economics is based on Say's Law of Markets. Say's Law is, in turn, based on Adam Smith's common sense observation in The Wealth of Nations that, ...
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Declaring all digital money to be legal tender

Declaring all digital money to be legal tender | The Money Chronicle | Scoop.it
Small history lesson on money was published in the latest edition of Irish Village Magazine An 1830s’ recession preceded the great famine.
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Banking for the real economy (videos)

Banking for the real economy (videos) | The Money Chronicle | Scoop.it
Another two videos from the Transforming Finance conference were published in the Guardian: Transforming finance: banking for the real economy (with Tony Greenham of the New Economics Foundation, Prof Richard Werner and others) Transforming...
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Yanis Varoufakis: Monetising the… ECB: The latest insult to be added to Greece’s multiplying injuries

Yanis Varoufakis: Monetising the… ECB: The latest insult to be added to Greece’s multiplying injuries | The Money Chronicle | Scoop.it
By Yanis Varoufakis, a professor of economics at the University of Athens. Cross-posted from his blog.
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Banks Win Big as Regulators Refuse to Rein in $700 Trillion Derivatives Market

Banks Win Big as Regulators Refuse to Rein in $700 Trillion Derivatives Market | The Money Chronicle | Scoop.it
Paul Jay of the Real News Network interviews William R. Black, the author of The Best Way to Rob a Bank is to Own One and an associate professor of economics and law at the University of Missouri-Kansas City.
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What would a democratic financial system look like? (video)

What would a democratic financial system look like? (video) | The Money Chronicle | Scoop.it
The fourth short film from the Transforming Finance conference is now on the Guardian: What would a democratic financial system look like? The post What would a democratic financial system look like?
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It's Official: There Is a Money Tree - Positive Money

It's Official: There Is a Money Tree - Positive Money | The Money Chronicle | Scoop.it
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97% Owned - Economic Truth documentary - Queuepolitely cut

97% Owned is a new documentary that reveals how money is at the root of our current social and economic crisis. Featuring frank interviews and commentary from economists, campaigners and former bankers, it exposes the privatised, debt-based monetary system that gives banks the power to create money, shape the economy, cause crises and push house prices out of reach.

 

Fact-based and clearly explained, in just 60 minutes it shows how the power to create money is the piece of the puzzle that economists were missing when they failed to predict the crisis.

 

Produced by Queuepolitely and featuring Ben Dyson of Positive Money, Josh Ryan-Collins of The New Economics Foundation, Ann Pettifor, the “HBOS Whistleblower” Paul Moore, Simon Dixon of Bank to the Future and Sargon Nissan and Nick Dearden from the Jubliee Debt Campaign, this is the first documentary to tackle this issue from a UK-perspective, and can be watched online now.

 

Donate to Positive Money http://www.positivemoney.org/donate/


Via Paulo Tomás Neves
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How Banks Create Money - Positive Money

How Banks Create Money - Positive Money | The Money Chronicle | Scoop.it
RT @PositiveMoneyUK: The numbers that you see when you check your bank account balance are actually just accounting entries. http://t.co/GeEGwwHRz1
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How We Got Here - Positive Money

How We Got Here - Positive Money | The Money Chronicle | Scoop.it
RT @PositiveMoneyUK: Because the laws have never been updated, banks now have the power to create money, effectively out of nothing. http://t.co/zee7wFW5Ab
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Jan Kregel addresses a problem already solved by Positive Money ...

Jan Kregel addresses a problem already solved by Positive Money ... | The Money Chronicle | Scoop.it
Jan Kregel addresses a problem already solved by Positive Money & friends. In this paper, Jan Kregel addresses the following problem. It's desirable for obvious reasons for governments to back bank deposits, or at least to ...
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Public Banking Conference: June 2-4, 2013 – Trillions in taxpayer ...

On the other hand, holding up the BND as a model to emulate creates confusion. The concept of “public banking” loses its meaning. Unlike the American Monetary Institute, which would eliminate the Fed, Ellen Brown's PBI, ...
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Helicopter money as a policy option

Helicopter money as a policy option | The Money Chronicle | Scoop.it
By Lucrezia Reichlin, Professor of Economics at London Business School; co-founder, Now-Casting Economics and CEPR Research Director, Adair Turner, Member of the UK Financial Policy Committee; Senior Research Fellow, Institute for New Economic...
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Conference on our Money System: Consequences and Alternatives – Dublin

Conference on our Money System: Consequences and Alternatives – Dublin | The Money Chronicle | Scoop.it
Sensible Money - our sister organisation in Ireland – is pleased to announce a one day conference on the consequences of our dysfunctional banking system and what we might do to improve it.
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Economics is for everyone - London - Positive Money

Economics is for everyone - London - Positive Money | The Money Chronicle | Scoop.it
RT @PositiveMoneyUK: Economics is for everyone - London » http://t.co/4raug3eiZJ @dropthedebt @nickdearden75
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Flawed Financial System: Governments Held Hostage by the “Too Big to Fail ... - Center for Research on Globalization

Flawed Financial System: Governments Held Hostage by the “Too Big to Fail ... - Center for Research on Globalization | The Money Chronicle | Scoop.it
Flawed Financial System: Governments Held Hostage by the “Too Big to Fail ... Center for Research on Globalization Most governments have been talking about reforms aimed at it.
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Iceland’s post-Crisis economy: A myth or a miracle?

Iceland’s post-Crisis economy: A myth or a miracle? | The Money Chronicle | Scoop.it
Jon Danielsson, Director of the ESRC funded Systemic Risk Centre, London School of Economics. When the Global Crisis struck in September 2008, all eyes were on the US (Eichengreen and Baldwin 2008).
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WRKO Interview

WRKO Interview | The Money Chronicle | Scoop.it
Link: WRKO Interview
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Banks Win Big as Regulators Refuse to Rein in $700 Trillion Derivatives Market

Bill Black: Weakness of financial regulators shows you can not "tame the scorpion"
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MEMMT tour

MEMMT tour | The Money Chronicle | Scoop.it
Full size image
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The Proof - Positive Money

The Proof - Positive Money | The Money Chronicle | Scoop.it
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Modern monetary theory in an open economy | Bill Mitchell – billy blog

Modern monetary theory in an open economy | Bill Mitchell – billy blog | The Money Chronicle | Scoop.it
instructive about modern monetary theory #mmt http://t.co/n5uStT5dtu
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A question for Stephanie Kelton. - America No. 45

May 2013. Who is Stephanie Kelton, one may ask? I first heard of Ms. Kelton in 2012, courtesy of an interview Harry Shearer did with her on his radio show (25 October 2012), Le Show. Ms.
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