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...

30 Nov 2017

Thanks to the hard work of Monetäre Modernisierung (MoMo), the Swiss member organisation of the IMMR, in 2018 Swiss citizens will get to decide on the Vollgeld Initiative, which advocates for money creation by the National Bank alone. The Initiative stands against the privatization of the Swiss franc and the current system by which 90% of Swiss money is produced by private banks. Follow ...

06 Aug 2017

The purpose of the International Movement for Monetary Reform (IMMR) is to reform our current monetary system (where the bulk of our money is created by private institutions) to one where all money is created free of debt in a democratic and transparent process by sovereign nations for society’s public good. To support our efforts in changing the monetary system, we are hiring an Inte...

17 Jul 2017

Public debate on monetary reform is on in the Netherlands. Increasingly, the focus is on the virtual euro. Last month Dutch NGO for monetary reform, Ons Geld, held a conference in Amsterdam. Over 600 attendees, among which Dutch and European politicians, probed the status of the reform movement. In 2015 Ons Geld got support of over 100.000 citizens, demanding ‘debt free’ sov...

03 Mar 2017

The second official meeting of the International Movement for Monetary Reform (IMMR) took place in Berlin on February 17-19, 2017. The meeting was a successful gathering and significant steps were agreed to consolidate our organisation and inspire our future actions. Article originally written by Lino Zeddies in German. The background The IMMR was launched in 2013, but its very firs...

06 Feb 2017

A recent survey covering 20 countries concludes that only 20% of the population is aware that money creation is being largely managed by the private banking sector and 13% agrees this should be so. In contrast, nearly 59% would prefer that such a privilege be granted to public institution. How many people are aware that private banks create money ; and is this system the favorite opti...