Webinar - Thursday 28 May

Test webinar

Global debt just reached a historic record of $348.3 trillion [1] — more than three times the size of the world economy. Mortgages, consumer loans, corporate debt, and government deficits continue to grow at extraordinary speed. Why?

There is an explanation that is rarely discussed in public debate. In today’s system, money itself is created as debt. This means the money supply can only grow as debt grows. Is there a way out from under the ever-growing mountain of debt?

Together with 11 partner organizations, we have invited former IMF and Bank of England economist Dr. Michael Kumhof. He explains how the current system fuels over-indebtedness, inequality, and financial crises — and presents a credible and realistic alternative: debt-free money.

Register now to secure your spot on Thursday, May 28, 6:30-8pm CEST:

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Historic opportunity

Central bankers, academics, monetary reformers, and policymakers around the world are currently discussing the problems and risks of the current monetary system and exploring new approaches to creating money. Citizens have a historic opportunity to influence and ensure that money creation is organised in a fair and sustainable way. That's why we are organizing courses and seminars on the subject. Sign up and feel free to invite friends and acquaintances.

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Never doubt that a small group of caring, committed citizens can change the world. In fact, it is the only thing that ever has.

Margaret Mead

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https://monreform.org/kumhof-money-as-debt/

The International Movement for Monetary Reform (IMMR) consists of non-profit organizations that focus on the most critical issue of our time - the creation and disappearance of money and its consequences for the development of society and our lives.

We are non-partisan and act only for this issue. Our vision is that the money system should be fair, sustainable, democratic, and used for the benefit of society as a whole. Read about IMMR here. Join our movement here.