Positive Money is a movement to democratise money and banking so that it works for society and not against it.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. We believe that these problems have a common root: money.
Many of the big social and economic problems that we're facing today are connected to money. If we want to solve these problems, we have to change the way that money is created. Most of us learn that only the government can create money, but in reality more than 97% of money is created by private banks - the same banks you see on the high-street every day.
The money banks create isn't the paper money you keep in your wallet. It's the electronic money that flashes up when you check your balance at an ATM. Find out How Banks Create Money...
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