. Sign AFJM’s Letter to the Federal Reserve! Urgent and fundamental problems require urgent and fundamental solutions. When those in charge are incapable or unwilling to make fundamental changes, then We, the People, must take charge! The Alliance For Just Money exclaims “Mayday! Mayday! Mayday!” a distress call for our destructive money system, which is structurally incapable … Continue reading “Take Action for Monetary Justice”
Tag: Monetary Reform
AMI Statement to the UN Climate Conference COP28
Introduction Monetary conference calls COP28’s attention to the connection between the current dysfunctional monetary system and environmental degradation, including climate change Chicago, November, 2023 — Last month, from September 29 until October 1, the American Monetary Institute (AMI) held its 19th annual conference on monetary theory and reform. The conference brought together some of the … Continue reading “AMI Statement to the UN Climate Conference COP28”
The American Monetary Institute: View from a Steward
Focus The focus of the American Monetary Institute was and is on the almost unbridled credit creation facility of commercial banks (and its frequent turning off the tap) as a major cause of the destructive booms & busts in the financial sector and its spilling over into the real economy with disastrous consequences … Continue reading “The American Monetary Institute: View from a Steward”
Additions to Bibliography February 2023
B. Academic Studies on Sovereign Monetary Theory and Reform Armelius, Hanna & Carl Andreas Claussen, David Vestin. 2020. “Money and monetary policy in times of crisis”. Monetary Policy Department and the Payments Department of the Riksbank. Riksbank of Sweden. Economic Commentaries, 4 (11 June 2020): 1-15. Assenmacher, Katrin & Claus Brand. 2018. “The Swiss … Continue reading “Additions to Bibliography February 2023”
John Titus is not up to Snuff? Or the Need for Epistemic Maturation
For several reasons I feel compelled to write this blog about some of the output of video-blogger John Titus. Titus is a prolific vlogger usually commenting on all kinds of shenanigans in the financial world. In 2012 he produced the feature-length documentary Bailout after which he became a regular commentator. He has been interviewed … Continue reading “John Titus is not up to Snuff? Or the Need for Epistemic Maturation”
Monetary Reform: Simple Spiel
What monetary reform is all about is to promote a bill that has already been drafted in various formulations here in the USA. One in the 1930s and one in 2012. And it concerns a radical change in the current monetary system. In western countries, the proportion of bank money is about 93-97%. If … Continue reading “Monetary Reform: Simple Spiel”
Additions to Bibliography May 2021
Dear folks, Find here the link to the fourth AFJM Monetary Reform bibliography update. The list, as is the bibliography itself here on Alpheus and on the AFJM web site, is alphabetized and categorized under Academic Sources, MMT Issue, Advocacy, Supporting Studies, Articles, Videos and Background Studies. The list contains about ten dozen items … Continue reading “Additions to Bibliography May 2021”
Educational and Promotional Videos
VIDEOS ON MONETARY THEORY AND REFORM A. TOP 12 Videos B. Videos Produced in the Monetary Reform Movement C. Other Monetary Theory and Reform Videos of Interest D. Background Videos A. TOP 12 VIDEOS Bjerg, Ole. 2016. “Where does money come from?“ TEDxCopenhagen. 24 May 2016. Bongiovanni, Joe. 2013. “Why Monetary Reform … Continue reading “Educational and Promotional Videos”
On Money: The Libra versus Sovereignty
A US-based progressive monthly, The Nation, just published an article about the Libra by MMT enthusiast Rohan Grey, titled: “Facebook Wants Its Own Currency. That Should Scare Us All. Instead of embracing Facebook’s Libra, we should be rallying for a public option for digital currency.” This is an interesting article and deserves close scrutiny for several … Continue reading “On Money: The Libra versus Sovereignty”
Richard Wolff’s Trajectory beyond MMT into SMR
Introduction Recently I watched two episodes of the progressive Thom Hartmann Program in which the host discussed banking and Modern Monetary Theory (MMT) with the Marxist economist Richard Wolff [1, 2]. Following are the pertinent points I came away with, which developed into a little article, in which I will try to make the case … Continue reading “Richard Wolff’s Trajectory beyond MMT into SMR”