#11 – Money & banking in the new economy

How is money actually created? Can a bank be ethical? How would you ensure a favourable reincarnation? These questions and more are explored in this episode of Q:Witness, the podcast from Quakers in Britain all about taking action for sustainability, equality and peace. We talk to Cait Crosse, who has been running the New Economy Programme, about the recently released the fourth New Economy Booklet, Money, banks and finance in the new economy. “Savings accounts, investments and loans: the financial sector provides essential services at the heart of any modern economy. Some people view it as the oil that allows the wheels of the economy to turn effectively. “Yet, as most recently shown by the 2007/8 financial crash, the system is also highly volatile and when it goes wrong can wreak havoc across society. This booklet explores the financial system and money creation, asking how they could be reformed to help create a more stable, equal and just economy.” – Money, banks and finance in the new economy The new economy project supports Quakers to articulate a vision of a practical, ethical economic system in line with Quaker values. [email protected] | www.quaker.org.uk/neweconomy | @EandEQuaker | Credit union survey by North Wales Quakers: http://bit.ly/qcredit See www.yourfaithyourfinance.org, a guide to money, faith and ethics "Enigmatic" Royalty Free Music from Bensound.com