How Money is Created Now (and Why It’s a Problem)
90%
of money is created by banks out of thin air
90%
of which is used for speculation
90%
of the population does not know these facts...
Right now, most money isn’t actually created by governments. Instead, it’s created by private banks each time they issue a loan. This “debt-based” money means every dollar, euro, or yen is born with a debt tag. Not only does this funnel money to banks, but it also creates a system where debt drives the economy.
The Problems with Debt-Based Money Creation:
- Debt-Driven Growth: Our current system creates a “grow or collapse” mentality. Since money starts as debt, we need constant economic growth just to keep up with interest payments.
- Inflation and Asset Bubbles: Debt-based money often flows into housing, stocks, and other assets, driving prices up and making it harder for regular people to afford essentials.
- Social Inequality: With banks in control of money creation, those who already have wealth and assets benefit most, while others find it harder to build wealth.
Sovereign Money Reform: A Fresh Start for the Economy
Imagine a world where money isn’t created as debt and isn’t controlled by private banks. Sovereign Money reform puts money creation in the hands of a public authority, like the central bank. This means money could be created for public benefit, debt-free, and spent on things that truly matter.
How Sovereign Money Reform Could Make a Difference:
- Debt-Free Money: Money created by a central authority without debt means we can reduce the endless cycle of debt and growth pressure.
- Better Funding for Public Goods: With a public authority creating money, there’d be more funds for things like healthcare, education, and infrastructure, all without relying on debt.
- Economic Stability: Sovereign Money reform means a more stable economy, without the constant booms and busts of debt-driven money creation.
Why Sovereign Money Reform Matters
Sovereign Money isn’t just about creating money; it’s about creating a fairer, more stable system that works for everyone. By ending the cycle of debt-based money creation, we could shift our economy to focus on real needs instead of endless growth and profits.
Imagine This:
- Stable Prices, Less Inflation: With debt-free money, the economy doesn’t rely on constant price increases to stay afloat.
- Equal Opportunities: Sovereign Money creates a level playing field by reducing the power of private banks and giving everyone a fair shot.
- A Sustainable Future: By putting money creation in public hands, we can fund green energy, infrastructure, and other sustainable projects without adding to public debt.
Want to Learn More About Sovereign Money Reform?
It’s time to understand how our money system shapes our lives—and how reforming it could lead to a better future. Here’s how you can get involved:
- Explore the Full Story: Dive into Sovereign Money to see why debt-free money creation could be the game-changer we need.
- Join the Conversation: Connect with others advocating for a fair, sustainable financial system.
- Share the Knowledge: Spread the word! A debt-free money system benefits everyone, not just a select few.
In our view, this is the ultimate driver of the problem.
The question is, what will collapse first, society, the earth or the financial system?
Watch this film
Act now and sign the petition!
FAQs
What’s wrong with banks creating money? When banks create money as debt, they profit, while the rest of us end up paying the price through inflation, rising costs, and increased debt. It fuels inequality and instability.
How would Sovereign Money reform change this? Sovereign Money reform puts money creation in public hands. Instead of debt-based money controlled by banks, we’d have debt-free money created by a public authority for everyone’s benefit.
Can Sovereign Money make the economy more stable? Yes! Sovereign Money reform reduces the need for constant growth, leading to a more stable economy without the boom-bust cycles of debt-based money.
Image: jerichow
