About the Positive Money presentation to the Finance and Expenditure Select Committee

https://youtu.be/fen7gWKpE14Video can’t be loaded because JavaScript is disabled: Positive Money presentation to the Finance and Expenditure Select Committee (https://youtu.be/fen7gWKpE14) We show the clip of our presentation in March of this year to the select...
Our submission to Parliament: Executive summary

Our submission to Parliament: Executive summary

PART 1: Excerpt from Positive Money NZ’s submission to Parliament’s Finance and Expenditure Committee, September 2019. Despite widely held and unfounded beliefs to the contrary, almost all of New Zealand’s (and the developed world’s) money is issued by private banks...
Our current money system doesn’t work for ordinary Kiwis

Our current money system doesn’t work for ordinary Kiwis

PART 2: Excerpt from Positive Money NZ’s submission to Parliament’s Finance and Expenditure Committee, September 2019. Our main concerns about New Zealand’s current debt-based money system are 1) the unfairness of the way this debt is created, 2) its direct role in...
How the Positive Money proposal would work

How the Positive Money proposal would work

PART 3: Excerpt from Positive Money NZ’s submission to Parliament’s Finance and Expenditure Committee, September 2019. What Positive Money NZ proposes is a system of managing New Zealand’s money supply under which the Reserve Bank creates all the country’s money...
The digital transition: Sovereign Money and digital currency

The digital transition: Sovereign Money and digital currency

PART 4: Excerpt from Positive Money NZ’s submission to Parliament’s Finance and Expenditure Committee, September 2019. At the core of our proposed system is the ‘unbundling’ of the payments and lending functions of commercial banks. Instead of demand deposits being...