Positive Money: Our New Guide to Public Money Creation

Our New Guide to Public Money Creation

Written by Frank Van Lerven on April 28, 2016. 

Positive Money is proud to announce the release of our new Guide to Public Money Creation.
More and more people are joining Positive Money to critique the Bank of England’s current £375 billion Quantitative Easing (QE) programme and call for an alternative.
This has prompted newfound interest in unconventional monetary policy proposals, also known as ‘Helicopter Money’, ‘Overt Monetary Finance’ (OMF), ‘Strategic QE’, ‘Green QE’, ‘Green Infrastructure QE’, ‘People’s QE’ and ‘Sovereign Money Creation’ (SMC).
It is exciting to see these proposals enter mainstream debate – but it can get confusing! So today we have released our new Guide to Public Money Creation.
All of the alternative QE  proposals advocate the proactive creation of central bank money to stimulate growth in the real economy. Therefore, Positive Money collectively refers to these proposals as ‘Public Money Creation’.
Download Full Report Here (Free, PDF, 55 pages)
The emergence of Public Money Creation proposals shows that there are a number of different ways that the Bank of England can create money to boost economic growth.  Each proposals will have different implications for the economy.
We are excited to see the subject of central bank money creation gaining traction. Whilst we advocate a specific proposal, Sovereign Money Creation, we welcome the wider debate. Positive Money has written this paper to provide the non-specialist with a guide to the Bank of England’s current QE programme and to each of the Public Money Creation proposals.

Download Full Report Here (Free, PDF, 55 pages)


See also:

New Report: Why State-Issued Money is Not Debt