About Positive money
Positive Money: Revolutionizing the Financial System
Positive Money is a non-profit organization that aims to reform the monetary system in order to create a fairer and more sustainable economy. The organization was founded in 2010 by Ben Dyson and Andrew Jackson, who were concerned about the negative impact of the current monetary system on society.
The current monetary system is based on debt, where banks create money out of thin air when they issue loans. This creates a cycle of debt that leads to financial instability and inequality. Positive Money believes that this system needs to be reformed in order to create a more stable and equitable economy.
Positive Money's mission is to promote public understanding of how money works, why it matters, and how it can be reformed for the public good. The organization advocates for policies that would give governments greater control over their own currencies, rather than leaving this power in the hands of private banks.
One key policy proposal put forward by Positive Money is known as "sovereign money creation." Under this proposal, only central banks would have the power to create new money. This would eliminate the need for private banks to create money through lending, which would reduce financial instability and inequality.
Another important aspect of Positive Money's work is its focus on climate change. The organization recognizes that our current economic system is driving environmental destruction through unsustainable growth patterns. Positive Money advocates for policies that prioritize sustainability over short-term economic growth.
Positive Money has been successful in raising awareness about these issues among policymakers and members of the public alike. The organization has published numerous reports and articles on monetary reform, as well as hosting events and engaging with policymakers at all levels.
In recent years, there has been growing interest in Positive Money's proposals from politicians across Europe. In 2018, Swiss voters rejected a proposal similar to sovereign money creation put forward by campaigners there; however, this did not deter supporters from continuing their efforts elsewhere.
Overall, Positive Money is a vital organization that is working to create a fairer and more sustainable economy. Its proposals for monetary reform are bold and ambitious, but they are also grounded in sound economic principles. If we want to build a better future for ourselves and our planet, we need organizations like Positive Money to lead the way.