Stanislas Jourdan
Helicopter money and basic income: friends or foes?
30 March, 2017Spurred by Milton Friedman, the concept of “helicopter money” – under which central banks would distribute money to citizens – is making headway in economic debate, but is often confused with the idea of basic income. This article intends to clarify the distinctions and overlaps between these two concepts. “Let us suppose now that one [...]
KPMG Iceland presents new report on Sovereign Money
6 September, 2016This article was originally published on the International Movement for Monetary Reform website. 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 International Movement for Monetary Reform. The launch event in Reykjavik featured a very supportive [...]
Helicopter money: a foot in the door for monetary reform?
13 May, 2016Last year, Positive Money launched Quantitative Easing for People, a campaign in the eurozone. QE for People has been bringing together civil society organisations who agree the European Central Bank’s programme of QE is failing. Since QE started, 720 billion euros have been created. This money has flooded financial markets, pushing up house prices and driving [...]
Dutch Parliament Adopted Motions to Investigate Money Creation
31 March, 2016On March 16th, the Dutch Parliament’s plenary assembly discussed the possibility of transitioning towards a sovereign monetary system and adopted two motions committing the government to carry out further research. About one year ago, more than 100,000 Dutch people signed a citizens’ initiative to make state issued digital cash into the political agenda of the [...]
Dutch Parliament Hearing about Money Creation Sparks Debate
13 January, 2016Positive Money’s Dutch sister organisation Ons Geld (Our Money) launched an initiative on the creation of money in January 2015. On April 21st 2015, due to its enormous success in such a short period of time, the citizens' initiative was submitted to the chairman of the committee for citizens' initiatives in the Dutch Parliament, in the [...]
International training for organisers of monetary reform campaigns
9 December, 2015Positive Money is hosting a four days international training for organisers of monetary reform campaigns from Europe and beyond. The session will take place in Brussels from 18th - 22nd February, 2016. This training is targeted at people outside UK who are passionate about money reform and keen to bring about change; and take an [...]
Swiss citizens’ initiative collects 105,000 signatures, triggers referendum on Money Creation
5 November, 2015The Swiss population will be the first in the world to vote on their banking and monetary system, thanks to the tireless efforts of a pro-Sovereign Money campaign. The “Vollgeld Initiative” (Sovereign Money Initiative) has successfully managed to collect 100,000 signatures - the number required to trigger a nationwide referendum on the issue. The campaign has [...]
Iceland: Members of Parliament are calling for a Money Commission
6 October, 2015Members of the Icelandic Parliament have submitted a motion to review Iceland’s monetary system and look at alternative monetary systems. 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 improvements” was submitted by 11 [...]
Mario Draghi is open to considering helicopter money
6 October, 2015Legal research should be conducted to check whether ‘helicopter money’ would be legally feasible in the Eurozone, said the President of the European Central Bank addressing a question from a Member of the European Parliament.) On September 23rd 2015 Mario Draghi addressed the European Parliament at the quarterly “Monetary Dialogue”, (a special meeting where the [...]