Econintersect: An organization (Positive Money) in Great Britain calling for money to be issued directly by the government rather than by the banks, claims government cancelation of a program to rebuild 715 schools because “they’d run out of money” was actually “one of the biggest missed opportunities in history.”
Sources:
- How to waste £375 billion? – The Failure of Quantitative Easing (Positive Money, 27 June 2014)