17 Sep 2019

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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 ...
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04 Sep 2019

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The euro gets competition. Starting next year, we can also pay in libra, the digital currency that Facebook recently announced. If we massively opt for online payment convenience, banks and national states might become servants upholding a money system run by a few billionaires. The libra builds on the current money system operated by banks. That system is based on debt and therefore ...
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03 Jul 2019

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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...
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30 Jun 2019

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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...
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20 Jun 2019

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At the conference "The Future of Money - Central Bank Digital Currency and Beyond" on June 15, 2019 in Stockholm, Sweden, central bank digital currency (CBDC) and the planned launch of an e-krona were critically scrutinized by academics, central bankers, bankers and monetary reform initiatives.Why central bank digital currency?The declining use of cash in everyday payments was the start...
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02 May 2019

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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...
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07 Apr 2019

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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 ...
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11 Mar 2019

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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...
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25 Feb 2019

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Recently, I attended a 2-day gathering of 600 people from all over the world for a summit in Vancouver Canada with many bankers, regulators and economists. The GABV is an international network of small and mid-sized bankers who are already going against the grain to do banking differently:  for banking on values at the risk of immediate short-term profits, for banking to meet real commun...
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