Post by peterv on Apr 25, 2014 8:36:17 GMT
Mike Black looks at some basics of the money system in the UK. What is the so-called 'money' in your bank account? And why do banks themselves deal in a special type of 'money' that the rest of us don't use?
If you are relatively new to monetary reform, or struggling to understand how 97% of money is created by private banks, this is a good place to start!
Mike has been a supporter of monetary reform for many years, and long before Positive Money started he was a member of the Bromsgrove Group out of which the James Gibb Stuart Trust was formed . He also helped to formulate the Positive Money draft legislation
Where and when
◾Quaker Meeting House (St James St, S1 2EW) - main meeting room
◾refreshments (50p) from 7:15pm, meeting from 7:30 - 9:00pm
◾We ask for a £3 donation to cover costs
If you are relatively new to monetary reform, or struggling to understand how 97% of money is created by private banks, this is a good place to start!
Mike has been a supporter of monetary reform for many years, and long before Positive Money started he was a member of the Bromsgrove Group out of which the James Gibb Stuart Trust was formed . He also helped to formulate the Positive Money draft legislation
Where and when
◾Quaker Meeting House (St James St, S1 2EW) - main meeting room
◾refreshments (50p) from 7:15pm, meeting from 7:30 - 9:00pm
◾We ask for a £3 donation to cover costs