Josh Ryan-Collins

How can we link monetary systems to the natural world?

Money may not grow on trees, but it does grow at a much faster rate – particularly when created by banks as interest-bearing debt. In modern economies, nearly all money is created in this way. To maintain a stable money supply, debtors must repay both the initial loan and the interest on the loan. This means we need either economic growth at a rate in line with the interest on the debt …

A return to Sovereign Money?

The International Monetary Fund (IMF) recently published a working paper arguing for the removal of private bank’s privilege of creating the national money supply.  The so called ‘full’ or ‘100%’ –reserve reform has a long history – but, with the Icelandic parliament actively investigating the proposal and little sign of current reforms rebooting …

Bristol Pound marks new era for local money

Today’s launch of the Bristol Pound (£B) represents a step change for the UK local currency movement, one which nef is very proud to have supported as part of our Community Currency 2.0 project.