The Money Chronicle
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The Money Chronicle
Issues dealing with money reform and changes to our monetary system
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9 Benefits of Switching to a Sovereign Money system

9 Benefits of Switching to a Sovereign Money system | The Money Chronicle | Scoop.it
Tweet The power to create money, in the hands of commercial banks, has been highlighted as one of the root causes of both the Great Depression of the 1930s and the financial crisis of 2007-2009.
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IMF: The Truth about Banks

IMF: The Truth about Banks | The Money Chronicle | Scoop.it
Tweet Banks create new money when they lend, which can trigger and amplify financial cycles, reads the article published on the International Monetary Fund’s website, written by Michael Kumhof and Zoltán Jakab.  Here are a few highlights: “Most...
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keiser-report-Dr. Michael Hudson about Modern Monetary Theory.flv | The Money Chronicle

keiser-report-Dr. Michael Hudson about Modern Monetary Theory.flv | The Money Chronicle | The Money Chronicle | Scoop.it
RT @MacfarlaneRobin: keiser-report-Dr. Michael Hudson about Modern Monetary Theory.flv https://t.co/n40hWYBXKL via @YouTube | The Money Chronicle
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Who are the Prominent Policy Makers Thinking About Different Types of QE?

Who are the Prominent Policy Makers Thinking About Different Types of QE? | The Money Chronicle | Scoop.it
Tweet In a recent post Positive Money showed that there is a strong intellectual body of history behind the various alternative proposals for QE.
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Review of the Bank of England to be wound up

Review of the Bank of England to be wound up | The Money Chronicle | Scoop.it
Tweet David Blanchflower announced yesterday that he intends to wind up his review of the Bank of England, which was commissioned by the Shadow Chancellor John McDonnell last year.
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Stephanie Kelton: National Debt – Washington’s Wall Against Progress - Advisor Perspectives | The Money Chronicle

Stephanie Kelton: National Debt – Washington’s Wall Against Progress - Advisor Perspectives | The Money Chronicle | The Money Chronicle | Scoop.it
The much-ridiculed plan to build a wall on the Mexican border has dominated the political discourse since Donald Trump proposed it last June. But, according to Stephanie Kelton, we already have a wall and it is very tall and nearly insurmountable.
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Modern Monetary Theory

Modern Monetary Theory Modern Monetary Theory (MMT or Modern Money Theory), also known as neochartalism, is an economic theory that details the procedure
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Not My First Rodeo: Public Money Creation in the USA (A History of Public Money Creation, Part 7)

Not My First Rodeo: Public Money Creation in the USA (A History of Public Money Creation, Part 7) | The Money Chronicle | Scoop.it
Tweet Despite popular rhetoric, the World’s biggest economy did use the state’s money creating powers to help boost output. Guess what, it didn’t result in hyperinflation!
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Stephanie Kelton: National Debt – Washington’s Wall Against Progress - Advisor Perspectives

Stephanie Kelton: National Debt – Washington’s Wall Against Progress - Advisor Perspectives | The Money Chronicle | Scoop.it
The much-ridiculed plan to build a wall on the Mexican border has dominated the political discourse since Donald Trump proposed it last June. But, according to Stephanie Kelton, we already have a wall and it is very tall and nearly insurmountable.
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Increasing Competition in Payment Services (Report)

Increasing Competition in Payment Services (Report) | The Money Chronicle | Scoop.it
Tweet   Since the crisis the government has been keen to encourage more competition between banks. Their main focus has been making it easier for people to switch their current account between different banks.
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Social credit Ireland

National Credit to Repair Ireland's Economy. Our economic disaster is a result of a fraudulent financial system that allows banks to create money from thi
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Thomas Edison, Money & Gold: How He Tried to Re Invent American Currency (2012)

Thomas Edison was an advocate for monetary reform in the United States. He was ardently opposed to the gold standard and debt-based money. Famously, he .
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BREXIT – UK economic implications | Michael Hudson

BREXIT – UK economic implications | Michael Hudson | The Money Chronicle | Scoop.it
An interview on Radio Sputnik regarding the UK’s future in the Western geo-political framework.
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Iceland: Fundamental reform of the monetary system must be considered

Iceland: Fundamental reform of the monetary system must be considered | The Money Chronicle | Scoop.it
Tweet   “Fundamental reform of the monetary system must be considered.” Says head of Iceland Parliament’s Committee for Economic Affairs Frosti Sigurjonsson, Member of the Parliament of Iceland and Chairman of the Committee for Economic Affairs and...
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How the Banking System Affects Democracy - Positive Money

How the Banking System Affects Democracy - Positive Money | The Money Chronicle | Scoop.it
Tweet 1. We’ve given the power to create money to the banks, with no accountability Banks create money when they make loans, which means that they effectively control wher
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David Graeber what the government doesn't want you to know a

David Graeber what the government doesn't want you to know
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keiser-report-Dr. Michael Hudson about Modern Monetary Theory.flv

keiser-report-Dr. Michael Hudson about Modern Monetary Theory.flv | The Money Chronicle | Scoop.it
RT @MacfarlaneRobin: keiser-report-Dr. Michael Hudson about Modern Monetary Theory.flv https://t.co/n40hWYBXKL via @YouTube
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Secrets, Ignorance and Lies: Money, Credit and Debt

Secrets, Ignorance and Lies: Money, Credit and Debt | The Money Chronicle | Scoop.it
Tweet   “The tyranny of fraud is not less oppressive than that of force.” John Taylor of Caroline, Virginia, 1814   Chapter 7 (You can read previous chapters here) Our system of money-creation was invented and developed during a time when … Continue...
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What is MMT (Modern Money Theory)?

This lecture took place recently in Italy and does a great job of explaining the principles of MMT. Get the free "7 Deadly Innocent Frauds" ebook (free
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About Us

Tweet   Our current financial system has left us with the highest personal debt in history, unaffordable housing, worsening inequality, high unemployment and banks that are subsidised and underwritten with taxpayers’ money.
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Stephanie Kelton: National Debt – Washington’s Wall Against Progress - Page 3 - Advisor Perspectives

Stephanie Kelton: National Debt – Washington’s Wall Against Progress - Page 3 - Advisor Perspectives | The Money Chronicle | Scoop.it
The much-ridiculed plan to build a wall on the Mexican border has dominated the political discourse since Donald Trump proposed it last June. But, according to Stephanie Kelton, we already have a wall and it is very tall and nearly insurmountable.
more...
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New Economic Perspectives

New Economic Perspectives | The Money Chronicle | Scoop.it
Dedicated to modern money theory (MMT) and policies to promote financial stability and the attainment of full employment.
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Peoples Bank of China Announces their own Digital Currency - Simon Dixon discusses

http://www.simondixon.org/ Simon Dixon discusses the breaking news that did not catch the attention of the monetary reform community. Here was the reactio
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Martin Wolf, Financial Times: Stop banks from creating money (Positive Money)

Martin Wolf, Chief Economics Commentator of Financial Times speaks at the event Does Money Grow on Trees? at the hall of . Martin Wolf, Chief Economic
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