More than £30 billion for public spending each year could come from a very unexpected place:

A central bank-issued digital pound!

Seigniorage should benefit the public, not private lenders:

twitter.com/PositiveMoneyU…

Today, on International Workers Day, we are launching a new digital dashboard as part of the Centre for Democratising Work. 

Explore the interactive data-driven project examining work in contemporary Britain by clicking the link at the bottom of this thread. 🔽 

(Best viewed on

“A separate study of UK data over the last 30 years by the left-of-centre Common Wealth thinktank found that between 2000 and 2019, dividend payments grew 5.5 times faster than workers’ pay on average each year.”

@PhillipInman in the @Guardian today.

More than £30 billion for public spending each year could come from a very unexpected place:

A central bank-issued digital pound!

That’s enough to fund a certain green investment pledge 🙃
twitter.com/PositiveMoneyU…

📢 Great new podcast ep on #climateflation from Macrodose!

If you're interested in reading the open letter James Meadway signed alongside 50+ other economists telling the Bank of England to step up its climate work, you can do so here 👉 positivemoney.org/2024/03/over-5…

The Social and Economic Benefits of a CBDC with Simon Youel, Head of Policy and Advocacy at Positive Money. Watch the latest episode of the Poundcast 👉 buff.ly/3wjLuwj
...
#CBDC #DigitalMoney #Fintech #Social #Economics #Poundcast

We all have an interest in a system that is there when we need it most. Instead of scapegoating and blaming vulnerable groups, the Government should address the underlying causes of ill-health and invest in our social and physical infrastructure. theguardian.com/society/2024/a…

Our new research and more covered in this week's New Economy Brief!

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More than £30 billion for public spending each year could come from a very unexpected place:

A central bank-issued digital pound!

That’s enough to fund a certain green investment pledge 🙃
twitter.com/PositiveMoneyU…

I wrote about Gerald Epstein's (PERI) new book 'Busting the Bankers Club', for Public Seminar New School for Social Research.

Also featuring Positive Money's parallel account of financial lobbying in the UK 👇

publicseminar.org/2024/04/review…

Important research from the great team at Positive Money
A properly designed Central Bank Digital Currency could provide real public policy benefits *and* generate funds for the green transition.
x.com/PositiveMoneyU…

More than £30 billion for public spending each year could come from a very unexpected place:

A central bank-issued digital pound!

That’s enough to fund a certain green investment pledge 🙃
twitter.com/PositiveMoneyU…

Free to read at the link: In an increasingly digitalized and cashless world, there is a growing need for central bankers to operate not just as market fixers but as proactive market shapers, argue Mariana Mazzucato and David Eaves. bit.ly/4baZTJU

Join us TOMORROW, at PCES' report launch:

Is Economics Education Fit for the 21st Century?

Limited tickets remaining, sign up for free:
actionnetwork.org/events/post-cr…

Central bank digital currency has one benefit that is rarely discussed: it could increase the seigniorage profits flowing to the public purse rather than to commercial banks. First made this point in 2017 whilst at NEF - great to see Positive Money Simon Youel revisiting it.

BIBA Insurance conference protest
🗓 Wednesday 15th May
📍Manchester Central Convention Centre
🕑 8am - 8pm - Join for some or all of the day

💚 A day of peaceful action calling on insurers NOT to insure fossil fuel projects

Register to get updates ⬇️
actionnetwork.org/events/insure-…

Join us, Debt for Climate & this amazing lineup of speakers to explore how to break the chains of financial and #Debt colonialism on #LabourDay

🗓️1 May
⏰1pm UTC
Register👉t.ly/9VVWQ

#CancelDebt #Debt forClimate #ReviveNIEO #80YearsAreEnough

Now you know why neoliberals don't want CBDCs ...