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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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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  We talk a lot about the ‘money system’. In what sense does money form a ‘system’? Does it have a function or purpose? Does it have interconnections? Does it have identifiable elements? 1. Elements of a money system The elements of a money system include the structures and institutions that create it – governments, […]

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When commercial banks issue loans to customers, they create money by issuing deposits on the current account of the customer. Proposals for adoption of alternative systems, where a central bank would issue new money, such as the Sovereign Money (SM) system, have gained momentum in recent years.
Commissioned by Iceland’s Prime Minister’s Office, KPMG has laid out the fundamentals of the SM system and conducted a review of public discussions, political coverage and field of academics over the last years.

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A constant in the history of money is that every remedy is reliably a source of new abuse. John Kenneth Galbraith, Money: whence it came, where it went For as long as money has existed in its two most popular forms – either as debt-based accounting systems or as notes and coins – it has […]

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These 6 videos have been created and published by the Positive Money Campaign, UK: http://positivemoney.org Part 1: Misconceptions Around Banking Mit dem Laden des Videos akzeptieren Sie die Datenschutzerklärung von YouTube.Mehr erfahren Video laden YouTube immer entsperren Before we discover how banks really work, and how money is created, first to clear up any confusion, […]

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  ‘Full Money’ (Vollgeld in German) is similar to the 100% Money proposal, in that the direct link between money and credit is broken and the power to create new money is invested solely in the central bank. Assuming “the monetary system is unmistakably part of the common legal order” and not just “the operation […]

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