27 Jan 2020

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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 ...
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08 Dec 2019

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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...
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03 Dec 2019

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Why are deposit rates persistently low? In the Netherlands (and other developed countries) interest rates have been falling for thirty years. They are now likely to become negative for the ordinary saver. What is the cause and how can it be solved? Economists give various explanations for the ever-falling interest rates. Two groups can be distinguished. The first group relates the dec...
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20 Nov 2019

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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 ...
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24 Oct 2019

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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. ...
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16 Oct 2019

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How do we change the rules for banking in favour of the people? Teach children how banks work. This was the last wish of Sue Hamill, the founder of Positive Money New Zealand. PM NZ is leading the charge in the case of The People vs. The Banks in New Zealand. Before Sue passed away, she put aside to develop a digital game that teaches young people how banks create money now, and how it ...
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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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