Introducing IMMR International Coordinators!
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Dear <<First Name>>,

Happy New Year! As many of you know, last year the IMMR made great progress on developing internal governance structures and procedures to help the movement for money reform become sustainable and democratic. Thanks to this foundational work, we've happily accepted three new member organisations into the IMMR, and this year we have big plans to increase our external engagement to raise awareness about building a more fair and just money system. Thanks to the hard work of long-standing IMMR member organisations and money reform advocates around the world, decision makers are already starting to take note!

Introducing three new IMMR Member Organisations!

We are pleased to welcome three new member organisations into the IMMR Community! The IMMR recently approved a new set of membership criteria and will now be accepting new monetary reform organisations into the movement.

Moneta Positiva will be working over the next months to build the movement even larger in Italy. In addition to public campaigning and advocacy within Italy, the Moneta Positiva association put together a working group composed of experts from different backgrounds, who work jointly to analyse how the monetary system functions, as well as to develop concrete and achievable reform proposals.

In Canada, we are very happy to officially welcome COMER Canada, a group formed by money reform advocates who have been active since 1986! COMER advocates for necessary changes in monetary policy, and for economic reform. They argue that a fair, equitable economic theory is well within their grasp, a theory within which monetary policy may be constructively brought into being for the benefit
of all Canadians through revisions of the Bank of Canada Act and the need to use sovereign money for Canadian development.

In Austria we welcome Monetative Austria to the IMMR and are looking forward to some exciting regional advocacy work. Monetative Austria will inform the public about the concept of “full money reform”, elaborating and refining the “full money concept” in close collaboration in particular with the full money reform initiatives in Germany and Switzerland. 

Be sure to keep an eye on the IMMR blog in the coming weeks for introductory blog posts from the newest members of the money reform movement!

Money creation discussed in Switzerland, Germany, and EU Parliament

In Germany, Deutsche Bank released a surprising report "Long-Term-Asset-Return-Study: The next financial crisis" which provides an interesting analysis of the inherent instability of the financial system and argues that the next financial crisis is coming soon:

"[...] a fiat currency world has encouraged budget deficits, rising debts, huge credit creation, ultra loose monetary policy, global build-up of imbalances, financial deregulation and more unstable markets."
"So we’re quite confident that there will likely be another financial crisis/shock pretty soon with their frequency continuing to be high until we create a more stable global financial framework."

We were certainly surprised by those clear words from Deutsche Bank itself. How about sovereign money reform for a "more stable global financial framework?" Maybe that’s something for their next report :-). 
A summarizing article on the report by "The Economist" can be found here.
Watch the video below to hear Madame Ada Marra of the Swiss Parliament discuss the Vollgeld Initiative from IMMR member organisation MoMo, and why we must pay attention to money creation to avoid the pitfalls of the 2008 financial crisis.
Finally, the EU Parliament has released their preliminary report on the European Central Bank (ECB), which contains key leverage points for conversations around money reform to continue. The inclusion of these points is the result of over 18 months of advocacy from money reform advocates at QE4People, and their read out on the report summarises the path forward. 

Money creation and inequality: an underexposed topic for money reformers

Check out the latest original content from the IMMR blog by Lino Zeddies of the German money reform organisation, Monetative. In his blog, Lino highlights the links between the way that money is created through banks and inequality that exists within societies. His article creates a compelling case for why more focus and research is needed in this area from the money reform community, and it's already become one of our most popular pieces of content - even being reposted by a variety of other digital publications! 

If you're interested in producing original content for the IMMR blog, please get in touch with Brandi at
And for a long-awaited announcement: the next IMMR Annual Meeting will likely take place in May of 2018 in Italy! The IMMR Core Group is hard at work firming up logistical details for the meeting, and as soon as a date and location has been confirmed we will be sending out invitations and information about registering for the meeting. 
Got suggestions for future IMMR newsletters?
If you're interested in contributing to the IMMR newsletter or have suggestions on how we can improve this mailing, please email Brandi at
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