Positive Money Ltd-The potential for money to be created for the common good (GB-CHC-1087053-006b000000RXoBA)

£310,000

The money and banking system causes many social problems, including a housing crisis, high private debt, inequality, and financial crises, resulting in recessions and depressions. There is a democratic deficit in the way monetary policy is carried out. Positive Money is focused on systemic change of money and banking, to support a fair, democratic, and sustainable economy. To increase economic resilience we work to implement a sovereign money system to gain democratic control and transparency over the creation of money. This includes removing implicit subsidies to banks, allowing for greater diversity in banking services; increasing monetary and fiscal policy cooperation; and implementing a new monetary policy tool; ?monetary financing?.

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Grant Details

Award Date 2017-09-12T00:00:00+00:00
Last Modified 2017-09-12T00:00:00Z
Amount Awarded 310000
Recipient Org: Web Address http://www.positivemoney.org.uk
Recipient Org: Company Number 07253015