News

News and campaign updates from the team at
Positive Money New Zealand.

California signs public banking act into law

California signs public banking act into law

A financial revolution has begun in California. The Governor, Gavin Newsom, has just signed #AB857 Public Banks into law, making it possible for California cities and counties to take control of their banking system through the creation of public banks. With public...

Video: Banks create money

Video: Banks create money

The influential German broadcaster Deutsche Welle created a four minute clip on how banks create money out of thin air. The word is getting out as more and more institutions take on a previously taboo subject. Certain aspects of the clip differ from what happens here,...

Petition a game changer for the New Zealand economy

Petition a game changer for the New Zealand economy

A petition that promises a significant and dramatic improvement for the New Zealand economy was handed to Dr Deborah Russell, the MP for New Lynn, today. “The petition, signed by over 5,000 New Zealanders, addresses our crippling level of debt as well as funding infrastructure projects that will energise our economy,” says Don Richards, National Spokesperson for Positive Money New Zealand.

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