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...

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...

Members of the Icelandic Parliament have submitted a motion to review Iceland’s monetary system and look at alternative monetary systems. This article was originally published on Positive Money's blog Last week, a resolution calling for the establishment of a special commission to “carry out a review of the arrangements of money creation in Iceland and to make recommendations for i...

“Fundamental reform of the monetary system must be considered.” Says head of Iceland Parliament’s Committee for Economic Affairs. This article was originally published on Positive Money's blog Frosti Sigurjonsson, Member of the Parliament of Iceland and Chairman of the Committee for Economic Affairs and Trade, today published a report outlining the need for a fundamental reform o...