The International Movement for Monetary Reform (IMMR) gathered members from across the world for its annual meeting on the 22-24th March 2019. This year the meeting took place in Madrid, Spain, where we enjoyed a blue sky and spring-blooming, although most of the time was spent indoors listening, sharing and discussing. We started the meeting in a circle where we got to know each ...

As a response to the WRR report "Money and debt" a magazine for economics teachers (TEO) presented some questions to Ons Geld. Both these questions and the answers are presented below. In "Money and debt: the public task of banks", the WRR makes various recommendations (especially to politicians) about our monetary system. For example, the council argues for more diversity in the fin...

Ten years after the financial crisis of 2007 / 2008 and the invention of Bitcoin, economists not only discuss regulatory interventions but also focus on reforming money itself. Currently, the money system is under attack from various sides. Even for professionals, it is difficult to understand whether it is a war of opinions over the “best” money and monetary system, or a struggle for...

By Paul Brinkkemper Have you ever tried to explain to someone how money is created as a loan by banks? Then you most likely came across misunderstanding, disbelief and apathy. If the movement for monetary reform is to gain influence among the general public, we have to educate many people. To be effective we must find persuasive ways around the common psychological defensive reactions...

By Edgar Wortmann, Ons Geld. Since its inception in 2012, IMMR member ‘Ons Geld’ advocates the introduction of digital cash. What is that, and why is it important? Edgar Wortmann (Ons Geld counselor and IMMR core-group member) explains it. Historically, money represents a 'nominal’ and an 'intrinsic' value. A silver coin for instance, had the nominal value printed on it, and the in...