"Positive Money is a non-profit organization that has been very important in spreading criticism of the current banking system."

Positive money is a non-profit organization that has been very important in spreading criticism of the current banking system. It was created in the UK eight years ago and produced a safe money proposal called SovereignMoney that has served as the basis of the proposal vollgeld  of the Swiss referendum. Since then, numerous organizations were created in the world similar to Positive Money and that are grouped in the so-called International Movement for Monetary Reform.
Today Positive Money dedicates most of its work to trying to improve the current system trying to make it more equitable, more transparent and more sensitive to the sustainability of the economy. But still on its website you can find some of the documents relating to a radical reform of the current system. You can even find this translation to Spanish of one of your documents. In February of this year, and in this same line of trying to improve the operation of the current system, it created Positive Money Europe.

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About the Author

Picture of Miguel A. Fernández Ordóñez

Miguel A. Fernandez Ordonez

State economist. Former Governor of the Bank of Spain and member of the Governing Council of the European Central Bank (ECB). He currently teaches Seminars on Monetary Policy and Financial Regulation at IEUniversity.

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