Money and Banking: Why the System is Failing and our Radical Solution

Money & Banking 24 January 2018Wednesday 24th January 7.30pm
The Green House Hotel,  4 Grove Road, Bournemouth BH1 3AX

With Lucy Thom and David Moon of ‘Positive Money’

The economy is not working for far too many people leading to ever-growing inequality, rising house prices, increasing private debt and environmental degradation.

Lucy Thom and David Moon, members of ‘Positive Money’, will explain how commercial banks create new money when they make loans and how money is destroyed when those loans are repaid. They will show how this is at the root of our current economic problems and make the case for a major banking reform which removes the right to create money from the private sector.

Positive Money campaigns for the power to create money to be used in the public interest, in a democratic, transparent and accountable way, rather than by the same banks that caused the financial crisis.

“Join us for a thought-provoking evening as we reveal how Britain’s banking system can be changed for the better”

Free entry (donations appreciated).     Everyone welcome!

(The Green House Hotel can also be accessed via its rear entrance in Gervis Road. The hotel has a small onsite car park, and roadside parking is also available in Gervis Road).

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