29 Sep 2020

Why freeing American households and businesses from crippling private debt would be a boon to the economy. By Richard Vague We were drowning in debt before the COVID-19 crisis, and now we are deluged in it. “Total debt” is the sum of public (government) and private-sector debt—and private-sector debt is comprised of business and household debt: for example, student loans, mortgage...

26 Aug 2020

Tim Di Muzio [1] This is a similar tale to the one experienced by British engineer Major C.H. Douglas just before the outbreak of World War I. Douglas was working on the London tube when his superiors announced that there was no more public money for any further construction. The budget had been reached and construction would have to halt. Douglas thought this strange since the materi...

28 May 2020

To avoid leaving the European Central Bank (ECB) at the endless mercy of legal uncertainty surrounding its mandate, it is urgent that EU leaders finally engage in a long overdue revision of the EU Treaty’s monetary financing prohibition rule. This week, the German Federal Constitutional Court has released a dramatic ruling which will have important long-term consequences for the futur...

13 Feb 2020

Building on the power of collective intelligence, international monetary experts and activists are coming together this March in Copenhagen at the Copenhagen Business School (pictured above), for two important back-to-back events:  The Future of Money Conference on March 21, 2020, followed the IMMR Annual Meeting for Members, March 22-23. THE FUTURE OF MONEY CONFERENCE Gode Penge in De...

31 Jan 2020

The age of digital money by Joseph Huber In technical terms the new era is about the digitisation of money. Digital money is any transferable currency unit in the numerical form of binary digits that are processed electronically. Until some years ago, digital money just referred to cryptocurrencies. Their emergence has triggered the entire hype surrounding anything 'digital'. In the me...

27 Jan 2020

Dominant currency and dominant money by Joseph Huber The approach of dominant money as outlined in this paper has in a way been inspired by theories about the internationally dominant currency as deve­loped in recent years by Gopinath and colleagues, Eichengreen and, prior to them, Hudson.[1] Those theories deal with the dominant role of the US dollar in today's international currency ...

08 Dec 2019

On Monday 2 December 2019, a group of NGOs including Positive Money Europe met with the new President of the European Central Bank Christine Lagarde to hand over a letter calling on the ECB to accelerate its efforts in the fight against climate change. Lagarde subsequently confirmed climate change will be in the agenda of the ECB’s review next year. The meeting, which took place place...

20 Nov 2019

Some of our national members from around the world have generously come forth to share with us their stories of traction to help inspire and foster increased global momentum towards a money system that better serves humanity. American Alliance for Just Money By Mark Young Over the last few months the Alliance has been supporting two of our members How We Pay Campaign.  Board member ...

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. ...