30 Nov 2016

The Swedish central bank recently announced it would investigate ways to introduce an electronic version of cash. If such money would be interest-free and debt-free just like notes and coins, it would greatly facilitate a transition towards a sovereign monetary system and allow quick implementation of ‘helicopter money’. Written  by Lars Alaeus and Samuel Kazen Orrefur, with contribut...

17 Nov 2016

The Swiss Government formally recommends voters reject the Sovereign Money Initiative which proposes to abolish the power of private banks to create money. Pro-monetary reform campaigners respond to unfounded criticisms. Article improved and edited with help from Emma Dawnay and Spencer Veale. A year ago, 111,819 signatures were delivered to the Swiss Parliament, thereby triggering...

25 Oct 2016

A successful event on monetary reform was held in the Finnish Parliament, featuring valuable expert analysis of sovereign money and two endorsements from Finnish politicians for the QE4People initiative. After pushing the debate in the political scene, the Finnish movement wants to launch a citizens’ initiative. Article By Valtteri Aaltonen with contribution from Johan Meriluoto and S...

17 Oct 2016

This summer a group of Canadian, German and Spanish monetary reformers were present at the World Social Forum in Montreal to educate activists from all over the world about the implications of money creation. Report by Manuel Klein (Monetative Germany), translated from German. It all started when Joseph Pilon, a Montreal-based Canadian, decided on his own to invite organizations t...

05 Sep 2016

On September 5th, the consulting company KPMG released a new report commissioned by the Prime Minister of Iceland aiming to clarify the main features of a sovereign money system as advocated by the IMMR. The launch event in Reykjavik featured a very supportive speech from the Financial Times' chief economists commentator Martin Wolf and was commented by the Governor of the Central Bank o...

15 Apr 2016

On March 16th, the Dutch Parliament’s plenary assembly discussed the possibility of transitioning towards a sovereign monetary system and adopted two motions committing the government to carry out further research. This article was originally published on Positive Money's blog. About one year ago, more than 100,000 Dutch people signed a citizens’ initiative to make state issued dig...

02 Apr 2016

The resolution pushed by 11 members of Parliament to investigate the Icelandic monetary reform and consider the switch to a sovereign money system was put on the parliament's agenda, with the consent from the central bank. This article was originally published on Positive Money's blog. In February we’ve reported here on the great news from Iceland that the Monetary Reform resolutio...

03 Mar 2016

Two weeks ago 34 monetary reform activists, from Iceland to South Africa, got together in Brussels for a training organised by Positive Money.  In 2013, Positive Money initiated the International Movement for Monetary Reform (IMMR) having realised there were groups across the world calling for sovereign money. In 2013, fifteen countries got involved. Three years later, twenty-four  co...

01 Mar 2016

The Federal Government of Switzerland has published a negative opinion on the citizens' initiative proposing to prohibit money creation by private banks. Last November it was announced that the Swiss campaign for monetary reform Modernising Money (MoMo) had collected 111,819 signatures to support a referendum on removing the ability of banks to create money. The Swiss Federal Counc...