Korea’s Solidarity for Monetary Democracy (SMD) Joins the IMMR
Please join us in welcoming Solidarity for Monetary Democracy (SMD) to the IMMR. Focused on Monetary Reform in Korea, SMD is a powerful addition to the IMMR’s expansion into Asia.
Solidarity for Monetary Democracy (SMD) is a non-profit organization with the aim to uncover contradictions and problems of the current money creation and distribution system and build a democratic money supply system ‘of the people, by the people, for the people’. Some of the projects that SMD endeavors to implement includes:
Research, education and increase public awareness for monetary and financial reform
Institutionalize ‘National Sovereign Currency Issuance Agency’ to implement democratic money supply system
Fund universal basic income by issuing sovereign currency
Implement constitutional complaints and legislative petitions pertinent to monetary and financial reform
Implement grassroots movements to establish local public banks
As the newest member, SMD have hit the ground running and are already taking an active role within the IMMR. It will be exciting to see what comes from this collaboration!
You can check out their website (In Korean) here.