Ben Dyson is co-author of Modernising Money: Why our monetary system is broken and how it can be fixed. He is the founder of Positive Money, which campaigns for a banking system that works for society and not against it, and would remove the ability of banks to create money. More information at www.positivemoney.org
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Published in: openDemocracyUKWhy we can’t leave the power to create money in the hands of banks or regulatorsWe cannot rely on failed regulators to prevent banks from abusing the power to create money, as Ann Pettifor suggests.