Rethinking FinanceAlternative voices for a new financial architecture

27th January, 2010 Letter to the Guardian: Dear Sir, I was astonished to read Lord Myners’s assertion that banks use our deposits to lend out to businesses and homebuyers. (Comment, 25 January). This is simply not the case, and has not been the case since 1694 when the British banking system was established, and intangible bank money began [...]