4 October 2011

This is a blog item that needs to be converted to the new Bliki format

PostiveMoneyNZ - proposal for monetary reform in NZ

Positive Money New Zealand is a campaign to move New Zealand from a debt-based economy to one that operates with a full reserve in which money has been issued debt-free and interest-free.

This will free the nation and its people from the crippling effects of ever increasing interest bills - that keep the majority of people on the debt treadmill.

The campaign is based on one that has been running in the UK called Positive Money - which started in May 2010 as well as a similar one in the United States called the American Monetary Institute - which began in 1996.

Positive Money New Zealand began when Sue Hamill and Don Richards had the current debt based system explained to them in 2010, while watching Money as Debt. When they learnt that New Zealand operated under the same system - they customised the UK campaign - to the New Zealand situation.

See also:

• Some of the 99% speak up
• Introduction to the American Monetary Institute
• Occupy Wall Street - see also Occupy Together and October2011.org
• Occupy Wall Street spread to hundreds of other locations around the US and the world
• States to Financially Break Away from Federal Government
• More about the financial system