4 October 2011

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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: