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Last Night’s Cafe: What is Money?

The role of finance in society has been under the microscope since the financial crisis of 2007-08. Since then, we have discovered that money can, under certain circumstances, seemingly be created out of nowhere. The bank bailouts of 2008-09 were not paid for out of taxes; somehow over £1.3tn in the UK was used to [...]


Next Cafe: What is Money?

What is money, where does it come from, and what are the consequences of how it is created? In this Cafe on Tuesday 19 November 2013, Justin Lilley (Positive Money/Arian Cymru) and Dr Chris Groves (Social Sciences, Cardiff University) offer some perspectives on these and other questions. Money is a commodity that can be bought and sold [...]

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