Banking & Insurance

According to a poll conducted by City AM on behalf of the “sovereign money” advocates Positive Money, 84% of British lawmakers don’t know that banks create money when they lend. This is despite the fact that in 2014, the Bank of...

You’d think, after all the soul-searching in finance and economic circles over the last decade, that people writing about banks and money creation would, now, know how they work. After all, it is more than five years since the Bank of...