'I became passionately concerned about the way the present system of money creation flies in the face of our Quaker testimonies...' Photo: Chris Isherwood / flickr CC.

Sue Holden writes about money creation and the need for monetary reform

Positive money

Sue Holden writes about money creation and the need for monetary reform

by Sue Holden 20th November 2015

We were at a Quaker conference on economic justice, sitting in home groups and discussing the world’s economic problems, when my neighbour turned to me and whispered in my ear: ‘You realise that the problems we are discussing result from the fact that ninety-seven per cent of all our money is created by private profit-seeking banks as debt.’