Ooops…They did it again. Former British Chancellor Sajid Javid’s new job at JP Morgan, marks yet another swing in the revolving door between our biggest financial and political institutions – one that desperately needs slamming […]
This is the introduction to a new report by Positive Money entitled !The Tragedy of Growth, To protect wellbeing and avoid ecological disaster we must abandon GDP growth and transform our economic system”, which outlines […]
As banal as this may appear, this is truly an historical landmark for this century. By Hannah Dewhirst, Campaigner at Positive Money Cross-posted from Positive Money Britain’s central bank becomes the first in the world […]
Europe needs helicopter money to cope with the severe upcoming recession while avoiding a massive unsustainable debt burden. As soon as the economic recovery phase starts, the ECB should boost consumption in a fair way […]
This week the Dutch government blocked a proposal to activate a special credit line for countries who need financial support to fight the Covid19 crisis. But the logic behind the Dutch position is backward-looking and […]
The ECB launched a massive 750 billion euro plan to cope with the Coronavirus crisis. But these measures will only work if national governments spend as much as is necessary and outline an ambitious plan […]
It’s going to be one for the history books. On Friday 20th September, millions of people around the world will be taking to the streets as part of the biggest climate action ever organised. By […]
Since 2014, the ECB has been quietly subsidizing the German and French car manufacturing sector, through its asset-backed securities purchase programme (ABSPP). To date, the ECB has purchased more than 10bn euros of securitized assets […]
As part of our series of blogs examining the relationship between Modern Monetary Theory and Positive Money’s proposals, this guest post by Spencer Veale examines the shadow banking sector in the context of that relationship. […]
In response to a reduction of growth and inflation prospects for 2019, the European Central Bank (ECB) announced new long-term subsidized loans for banks. But why would it work better this time? By Stan Jourdan, […]
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