Articles by Positive Money
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Positive Money ·
In 2010 the UK government cancelled a program to rebuild 715 schools, because they’d run out of money. But at the same time the Bank of England had created £375 billion of new money through a program called Quantitative Easing. Instead...
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Positive Money ·
The “Grexit” might be just around the corner. Wall Street bets on 75% chance of Greek default. Greek prime minister escalated his defiance towards the country’s official creditors, with a pointed
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Positive Money UK ·
When banks are allowed to create a nation’s money supply, we all end up paying higher taxes. This is because the profits from creating new money go to the banks rather than the taxpayer, and because taxpayers end up paying the cost of...
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