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 ...

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...

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...

22 Nov 2018

Brussels - EU Commissioner Varoufakis has announced a citizens' dividend. For every European, € 25,000 is available for debt reduction. This follows the switch to the digital euro. Over 80% of all savings balances have now been converted. As of today, deposits are no longer freely available. The citizens’ dividend will be paid out in July and can be used to reduce bank loans. Those wh...

06 Feb 2018

This blog is the first in a series crafted to help you meet the incredible money reform activists who make up the International Movement for Monetary Reform. Each organisation is fighting for a more fair and democratic money system within their own countries, and together we are building a powerful global movement to make economies work better for all of us. by Giulia Lazzaretti, ...

06 Jan 2018

Inequality cartoon
by Lino Zeddies, Monetative Some weeks ago our German sovereign money reform organization „Monetative“ held its annual conference on “Money. Power. Inequality.” to discuss how the current money system with private banks power to create deposit money affects the distribution of power, income and wealth. In this article, I would like to share my most important take-aways from the confer...

30 Nov 2017

On 07 November 2017 Miguel Ángel Fernández Ordóñez, former governor of the Bank of Spain, made a statement in favour of money being created by public institutions instead of private banks. Speaking at the Investigative Commission on Spain's financial crisis and financial assistance programme, Ordóñez cited technological advances as an argument in favor of stable money creation by the Sta...

30 Nov 2017

On 21 July 2017, Fair Money Australia collaborated with members and supporters of the Australian Unemployed Workers Union (AUWU) and Australian Workers Party (AWP) to create a conference to launch the Right2Work Coalition. It is more costly for a society to keep people unemployed or underemployed than it is to employ them, so the coalition advocates for full employment by using a federal...