This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages)
Some of this article's listed sources may not be reliable. Please help improve this article by looking for better, more reliable sources. Unreliable citations may be challenged and removed.(April 2021) (Learn how and when to remove this message)
This article relies excessively on references to primary sources. Please improve this article by adding secondary or tertiary sources. Find sources: "Monetary reform" – news · newspapers · books · scholar · JSTOR(April 2021) (Learn how and when to remove this message)
(Learn how and when to remove this message)
Public finance
Policies
Agricultural
Economic
Energy
Industrial
Investment
Social
Trade
Fiscal
Monetary
Policy mix
Fiscal policy
Budget
policy
Debt
internal
Deficit / surplus
Finance ministry
Fiscal union
Revenue
Spending
deficit
Tax
Monetary policy
Bank reserves
requirements
Discount window
Gold reserves
Interest rate
Monetary authority
central bank
currency board
Monetary base
Monetary (currency) union
Money supply
Trade policy
Balance of trade
Free trade
Gains from trade
Non-tariff barrier
Protectionism
Tariff
Trade bloc
Trade creation
Trade diversion
Trade / commerce ministry
Revenue
Spending
Non-tax revenue
Tax revenue
Discretionary spending
Mandatory spending
Optimum
Balanced budget
Economic growth
Price stability
Reform
Fiscal adjustment
Monetary reform
Portal
v
t
e
Monetary reform is any movement or theory that proposes a system of supplying money and financing the economy that is different from the current system.
Monetary reformers may advocate any of the following, among other proposals:
A return to the gold standard (or silver standard or bimetallism).[1][2][3][non-primary source needed]
Abolition of central bank support of the banking system during periods of crisis and/or the enforcement of full reserve banking for the privately owned banking system to remove the possibility of bank runs,[4][5][6] possibly combined with sovereign money issued and controlled by the government or a central bank under the direction of the government.[7] There is an associated debate within Austrian School whether free banking or full reserve banking should be advocated but regardless Austrian School economists such as Murray Rothbard support ending central bank bail outs ("ending the Fed").
The issuance of interest-free credit by a government-controlled and fully owned central bank. Such interest-free but repayable loans could be used for public infrastructure and productive private investment. This proposal seeks to avoid debt-free money causing inflation.[8][9]
The issuance of social credit – "debt-free" or "pure" money issued directly from the Treasury – rather than the sourcing of fresh money from a central bank in the form of interest-bearing bonds. These direct cash payments would be made to "replenish" or compensate people for the net losses some monetary reformers[who?] believe they suffer in a fractional reserve-based monetary system.[10][11]
The international monetary reform by proposing the development of a world central bank managed jointly by all member countries in the world. The world central bank then issues a real international currency that coexists with the national currency of each member country and can be converted to each other at an exchange rate that follows the fundamentals of each country called "auto-balancing". The international currency is only for crosborder transactions between member countries, while domestic transactions continue to use their respective national currencies.[12][13]
^Sound Money Archived 23 April 2009 at the Wayback Machine, Lew Rockwell
^Our Money Madness, Lew Rockwell
^The Case for a Gold Dollar, Murray Rothbard
^What has Government done to our money?, Murray Rothbard
^The Case for a 100% Gold Dollar, Murray Rothbard
^Free Banking and the Free Bankers, Jörg Guido Hülsmann, Quarterly Journal of Austrian Economics (Vol. 9, No. 1)
^"Sovereign Money". Retrieved 13 September 2018.
^Brown, Ellen H. (2007). Web of Debt. Baton Rouge, Louisiana: Third Millennium Press. ISBN 978-0-9795608-0-4. Retrieved 15 December 2007.
^"Stephen A. Zarlenga, The Lost Science of Money AMI (2002)". Archived from the original on 28 August 2018. Retrieved 22 September 2008.
^As an example of such groups, see Douglas Social Credit and the Social Credit School of Studies
^Rowbotham, Michael (1998). The Grip of Death: A Study of Modern Money, Debt Slavery and Destructive Economics. Jon Carpenter Publishing. ISBN 978-1-897766-40-8.
^Rahman, Abdurrahman Arum (21 October 2022). Reforming the International Monetary System (Report). Economics. doi:10.33774/coe-2022-1sl9n.
^Rahman, Abdurrahman Arum (13 December 2021). Initiating a True International Currency. Global Currency Initiative.
Monetaryreform is any movement or theory that proposes a system of supplying money and financing the economy that is different from the current system...
A monetary system is a system by which a government provides money in a country's economy. Modern monetary systems usually consist of the national treasury...
Ukrainian banknotes before and after the 1996 monetaryreform The 1996 Ukrainian monetaryreform was carried out from 2 to 16 September 1996, and oversaw...
Monetaryreform is the process of fundamentally changing policies regarding money. It can include changes to the money creation process, fractional-reserve...
A Tract on MonetaryReform is a book by John Maynard Keynes, published in 1923. Keynes presented an argument in favour of a policy that would try to stabilize...
the 1991 Soviet monetaryreform, commonly referred to as the Pavlov reform, in early 1991. Early on he told the media that the reform was initiated to...
of monetaryreform just a year after the new charter, the highlight of which was Russia's adoption of the gold standard in 1897. During this reform, the...
argued it should rather be recorded as a form of equity. Money creation Monetaryreform Fractional reserve banking Credit theory of money Broad money See,...
2009 as an issue date (the date of an unsuccessful attempt at currency reform). On December 27, 2016, for the first time in the Belarusian ruble's history...
The Committee on Monetary and Economic Reform (COMER) is an economics-oriented publishing and education centre based in Toronto, Ontario, Canada. COMER...
1,000 copies of his proposal, titled Draining the Swamp: Monetary and Fiscal Policy Reform (1996), and sent copies to members of Congress, believing...
Monetary policy is the policy adopted by the monetary authority of a nation to affect monetary and other financial conditions to accomplish broader objectives...
in the same period. The MonetaryReform of 1991 was carried out by Mikhail Gorbachev and was known also as the Pavlov Reform. It was the last of such...
The Irish MonetaryReform Association (also known as the MonetaryReform Party) was a minor Irish political party that existed from the 1940s to the 1960s...
sole right of note issuance since 1927 and had conducted only limited monetary policy. Seðlabanki Íslands is owned by the Icelandic government, and is...
active in local politics. Notable supporters of Social Credit or "monetaryreform" in Britain in the 1920s and 1930s included aircraft manufacturer A...
negotiations. Copernicus for years advised the Royal Prussian sejmik on monetaryreform, particularly in the 1520s when that was a major question in regional...
Ahsi Yasse (Turkestan). In 1583, Abdullah Khan made another monetaryreform. This reform was centred around the capital, Bukhara (which minted silver...
favorable environment for Russian-made goods. Peter also instituted a monetaryreform that introduced copper coinage to Russia and reduced the amount of...
Monetary sovereignty is the power of the state to exercise exclusive legal control over its currency, broadly defined, by exercise of the following powers:...
eight Spanish reales. It was minted in the Spanish Empire following a monetaryreform in 1497 with content 25.563 g (0.8219 ozt) fine silver. It was widely...
The Chicago plan was a monetary and banking reform program suggested in the wake of the Great Depression by a group of University of Chicago economists...
Global Information
