List of monetary reformers

This is a list of monetary reformers from the past to the present according to several schools of thought.

Monetary reformers primarily belong to the following groups:

  • Supporters of publicly issued money who oppose charging interest on issuance of money, formerly called "Greenbackers" in late 19th century United States,
  • the Austrian School who generally support a return to the gold standard or full-reserve banking, and
  • the Post-Keynesian School whoindeed generally wish to regulate or reduce leverage and debt in the economy or direct it to "productive, non-speculative" uses.

Most of these groups are critical of fractional-reserve banking,[1][2] a practice which is described by critics as "creating money out of thin air". According to the Bank of England "rather than banks lending out deposits that are placed with them, the act of lending creates deposits – the reverse of the sequence typically described in textbooks".[3]

Public, community and self-issuance of money

Publicly issued, debt-free money or interest-free credit

Social credit

Alternative, complementary, local currencies and environmentalists

Austrian School (gold standard or full-reserve banking supporters)

See more in list of Austrian School economists

Post-Keynesians

See more in list of Post-Keynesian economists

Organisations

  • International: International Movement for Monetary Reform[5]
  • Australia: Fair money.
  • Austria: Monetative.
  • Bulgaria: ЧИСТИ ПАРИ.
  • Canada: Comer.
  • Denmark: Gode Penge.
  • European Union: Positive Money Europe[6]
  • Finland: Talousdemokratia.
  • France: Mouvement Monnaie Juste.
  • Germany: Monetative.[7]
  • Greece: Fekyou.
  • Iceland: Betra Peningakerfi.
  • India: Money Reforms India.
  • Israel: שינוי-מוניטרי.
  • Ireland: Sensible Money.
  • Italy: Moneta Bene Comune. . Moneta Positiva.
  • Netherlands: Ons Geld.[8]
  • New Zealand. Positive Money NZ.
  • Poland. Pieniądz Pozytywny.
  • Portugal. Boa Moeda.
  • Slovakia. Férové Peniaze.
  • South Africa. Firstsource Money.
  • Spain. Dinero Positivo.
  • Sweden. Positiva Pengar.
  • Switzerland: Monetary Modernisation association[9][4]
  • Switzerland: Sovereign Money Initiative[10][4][11]
  • United Kingdom: Positive Money[12][13]
  • United States: American Monetary Institute

See also

References

  1. ↑ Pibel, Doug (July 7, 2009). "How Banks Make Money Creating Money Out of Thin Air". Yesmagazine.org. Retrieved September 19, 2011.
  2. ↑ Polleit, Thorsten (December 23, 2010). "The Faults of Fractional-Reserve Banking". Mises Daily. Retrieved September 19, 2011.
  3. ↑ Jem Bendell, "There is a magic money tree, but it's only magic for banks", HuffPost, 5 June 2017 (page visited on 25 February 2018).
  4. 1 2 3 4 (in French) "Monnaie pleine : une opportunité en Suisse pour changer la monnaie" [The "sovereign money" initiative: an opportunity to change currency in Switzerland], La revue durable, number 60, winter-spring 2017-2018, pages 26-29.
  5. ↑ "International Movement for Monetary Reform". International Movement for Monetary Reform. Retrieved 30 August 2018.
  6. ↑ "Positive Money Europe". Positive Money Europe. Retrieved 25 June 2018.
  7. ↑ "Monetative". Monetative. Retrieved 25 June 2018.
  8. ↑ "Ons Geld". Ons Geld. Retrieved 25 June 2018.
  9. ↑ (in German) Monetary Modernisation association, official website (page visited on 23 February 2018).
  10. ↑ "Sovereign money" initiative, official website (page visited on 23 February 2018).
  11. ↑ Mehreen Khan, "Switzerland to vote on banning banks from creating money", The Daily Telegraph, 24 December 2015 (page visited on 23 February 2018).
  12. ↑ Fran Boait, "Monetary policy has an enormous impact on politics. It's time for a radical rethink", The Guardian, 12 October 2016 (page visited on 23 February 2018).
  13. ↑ Jason Hickel, "To deal with climate change we need a new financial system", The Guardian, 5 November 2016 (page visited on 23 February 2018).
  14. ↑ Members of the Vollgeld-Initiative meet with Adair Lord Turner, British business man, academic, former director of the Financial Market Authority and author of the book Between Debt and Devil (page visited on 25 February 2018).
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