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money creation

BRICS would create “fundamentally new” common currency, says a senior Russian official

” Neither the euro nor the dollar is backed by anything, and our countries can do what the Bretton Woods system destroyed,” the deputy speaker of the Russian State Duma said. The BRICS group of Brazil, Russia, India, China and…

Neoliberalism has tricked us into believing a fairytale about where money comes from

Mary Mellor, Northumbria University, Newcastle for The Conversation There is nothing natural about money. There is no link to some scarce essential form of money that sets a limit to its creation. It can be composed of base metal, paper…

Switzerland fails to start a money revolution, but opens debate about a mechanism of economic violence

“This Sunday, Switzerland will hold an historical referendum on how money should be created. Watch this short video to understand what the vote is about – and share with your friends!” (Facebook posting by Positive Money Europe prior to the…