Today, with a new financial crisis on the horizon, the need to understand and rethink money and banking seems more important than ever. In line with an increasing number of politicians and economists, we acknowledge the urgency of understanding the deficiencies of the current money system and the need to examine monetary reforms and alternative forms of money as means to create a more stable and sustainable future.

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For more than two decades now, various forms of complementary currencies emerged all over the world, aiming at “taking back local economies” (North 2014). CCs are commonly understood as media of exchange (Hallsmith/Lietaer 2011) or accounting systems (Fare/Ould- Ahmed 2017) that are used within a particular group of users. Responding to broader debates on our […]

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The idea that each country should have one currency is so deeply rooted in people’s minds that the possibility of multiple and concurrent currencies seems unthinkable. Monetary systems contribute to problems of high unemployment and social distress during financial and economic crisis, so reforms to increase the responsiveness and flexibility of the monetary system can […]

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“Going Digital? New Possibilities of Digital-Community Currency Systems” Only in the past few years, crypto currencies such as Bitcoin and other altcoins/ tokens have rapidly spread all over the world, expanded its scale, and increased its number. However, we have witnessed in the recent bubble burst of crypto currencies that they have become quite volatile, […]

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In this Lab we will unravel the nature of the money as we know it. And we will examine and experiment with novel currencies as social technologies to empower the economies of transition that are needed for social justice and sustainable development.

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Is a world dominated by profit and competition a good place to be? This summer program focuses on ways to restructure economic systems to embody sustainable use of resources and a more collaborate society overall. At AEMS you learn about: The variety of alternative economic and monetary systems that are already in practice worldwide. Ecologic […]

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Do flaws in our monetary system consistently cause financial crises?
So far, critical questions concerning our monetary system and the financial crisis have been underexposed.
The new film ‘A Flaw in the Monetary System?’ depicts in 7 ½ minutes consequences of interest and compound interest in the financial world in descriptive graphics. It illustrates the systematic redistribution of money from the majority to the wealthy.

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Jump directly to the following questions covered in this interview: Q 1 – Where does money come from? Q 2 – Is money neutral? Q 3 – Why is money scarce? Q 4 – Can this monetary system work sustainably? Q 5 – Does the financial system need growth? Q 6 – Why are you […]

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Jump directly to the following questions covered in this interview: Q 1 – Where does money come from? Q 2 – Is money neutral? Q 3 – Why is money scarce? Q 4 – Can this monetary system work sustainably? Q 5 – Does the financial system need growth? Q 6 – Why are you […]

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