24 Oct 2019

Alfred Nobel never created a prize for economists. He was seventy-three years in his grave when the Central Bank of Sweden got the idea that they could elevate the prestige of economists by awarding a Nobel Prize in Economic Sciences “in memory of Alfred Nobel”. Today, the Nobel Foundation admits that the prize is not a Nobel Prize, but it still gives it status equal to the real prizes. ...

16 Oct 2019

How do we change the rules for banking in favour of the people? Teach children how banks work. This was the last wish of Sue Hamill, the founder of Positive Money New Zealand. PM NZ is leading the charge in the case of The People vs. The Banks in New Zealand. Before Sue passed away, she put aside to develop a digital game that teaches young people how banks create money now, and how it ...

17 Sep 2019

The discussion on a sovereign money reform is gaining momentum and concrete answers to the questions on how to design a new monetary authority are increasingly demanded: What goals are being pursued? According to which principles and how should the monetary authority create money? How can the right balance between independence, transparency and accountability be found and abuse of power ...

04 Sep 2019

The euro gets competition. Starting next year, we can also pay in libra, the digital currency that Facebook recently announced. If we massively opt for online payment convenience, banks and national states might become servants upholding a money system run by a few billionaires. The libra builds on the current money system operated by banks. That system is based on debt and therefore ...

03 Jul 2019

Position paper from Ons Geld following the WRR report "Money and debt" In its report "Money and debt" the Netherlands Scientific Council for Government Policy (WRR) calls for a safe-haven for book money. In this position paper, we propose to shape this safe-haven as a public depository offering personal full reserve accounts on the basis of which market participants - banks and non-bank...

30 Jun 2019

We are excited to share some success stories from our national member organizations around the world. Our movement is definitely making great progress and it is encouraging to hear the big and small steps to a money system that serves people and planet. Netherlands: Ons Geld, by Edgar Wortmann In the last months, we invested much time in contacting political parties. This is be...

20 Jun 2019

At the conference "The Future of Money - Central Bank Digital Currency and Beyond" on June 15, 2019 in Stockholm, Sweden, central bank digital currency (CBDC) and the planned launch of an e-krona were critically scrutinized by academics, central bankers, bankers and monetary reform initiatives.Why central bank digital currency?The declining use of cash in everyday payments was the start...

02 May 2019

The goal of a sovereign money reform is to place the money creation into the hands of a public institution that serves the public interest. However, there are still many different design options how to implement this, i.e. what instruments should be used to steer the money supply or if the payment system should be run by the state or private payment providers. To bring more clarity to th...