Have you ever wondered how a government budget works? How borrowing works? Whether the magic money tree really exists? Positive Money are a group hoping to educate people on how a sovereign government has the ability to create and spend money. Simon Youel is Head of Policy & Advocacy at Positive Money, a…
Tag: Infrastructure
How Quantitative Easing Created £375 Billion
Have you ever wondered what happened to the £375 billion, equivalent to £6,000 for every man, woman and child in the UK, created by the bank of England electronically? Maybe you didn’t even know that the Bank of England could do this, or that they ever had. Sounds suspiciously like a magic money…
How To Fix Translink: Step 1
Despite being the 22nd largest city in the UK, Belfast is the most congested city – even more so than London. Poorly designed urban infrastructure and dismal public transport services are the leading causes of this problem, so whilst it may be difficult to perform massive overhauls of the traffic system in central Belfast,…
