What is Wrong with a Zero Interest Rate?
What is wrong with a zero interest rate?
What is wrong with a zero interest rate?
Local currencies for local economies. Since the launch of the Bristol Pound there can be no doubt that it’s been a tremendous success in raising awareness of shopping local, supporting independent retailers and strengthening connections between local businesses and people in Bristol. But what about the national economy? In any realistic vision of the future there will always be a practical need for a national currency. What that currency might look like is a question monetary reform campaign group Positive Money have been thinking about since they launched their campaign in 2010.