Modernising Money is now available for free download, courtesy of the authors.
(EPUB can be read on ebook readers or sent to Kindle.)
About Modernising Money
Governments across the world have given the power to create money to the private corporations that we know as banks. Today, over 97% of all of the money used by people and businesses is created by banks when they make loans. As Financial Times economist Martin Wolf writes:"The essence of the contemporary monetary system is the creation of money, out of nothing, by private banks' often foolish lending."This way of creating money has led to economic instability and a financial crisis. It has produced the highest-ever levels of personal and government debt, made houses unaffordable, and driven the short-termist behaviour which is destroying the businesses, and ecosystems, on which we depend.But it doesn't have to be like this: we can change the way that money is created. Modernising Money shows how a UK law implemented in 1844 can be updated and combined with reform proposals from the Great Depression. The combined reforms could provide the UK and any other country - with a stable monetary and banking system, much lower levels of personal and national debt, and a thriving economy.Detailed, but accessible to non-economists, Modernising Money is written for anybody who wants to know how to create an economy that serves people, businesses, society and the environment.The authors have chosen to make Modernising Money available free of charge. Download it in PDF for printing or EPUB for ebook readers. To read it on Kindle, download the EPUB and use Amazon's Send to Kindle service.
© Andrew Jackson & Ben Dyson. All rights reserved.