I opened the Positive Money conference yesterday, explaining the wide range of damaging flaws in our monetary system, how these have emerged and what the range of potential solutions might be. As I have often said, I favour the constitutionalisation of our present fiat money system, followed by the denationalisation of money. Positive Money’s proposals may meet that first step. Michael Meacher spoke later in the day; I am delighted that this important subject has cross-party appeal.
My speaking notes are here: Positive Money 2011.
I’ll make the video available when Positive Money publish it. Their channel is well worth a look. For example: