On Sunday the 10th of June, a referendum about the introduction of a new monetary system will be held in Switzerland.
This marks a historic chance, allowing citizens to vote on who is to issue the money they use: leaving it to commercial banks as practices today or restore this as the exclusive right of the central bank.

read more

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.

read more

  ‘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 […]

read more

The New Economics Foundation (NEF) is a British ‘think tank’, which promotes economic and ecological justice. NEF has been the UK’s leading research organisation for money, credit and complementary currencies since 1986. www.neweconomics.org

read more

The politically independent Modernising Money Association (MoMo) and its board of prestigious advisors are committed to making the financial economy serve the real economy and the money system serve the needs of people. The association was founded in October 2011 and has the goal of stimulating a public discussion of the ‘100% money’ monetary reform […]

read more

In 2012, a group of citizens interested in reform of the money system got together and founded the organization “Verein Monetative e.V.” in Berlin (Constitution here). The organization demands a fundamental reform of the current monetary system. It sees the main problems as follows: the Central Bank only issues cash money whilst money for cashless […]

read more