“Over time, whoever controls the money system,
controls the nation.”
- Stephen Zarlenga, Director
The American Monetary Institute is a publicly supported charity founded in 1996. The real outcomes in society – whether there will be general economic justice or corrupt financial privileges for the few – are usually determined by the structure of a society’s monetary system.
Registration discount for the 10th Annual AMI Monetary Reform ENDS AUGUST 31st!. Click the link above to register and to see the speaker bios, pictures, and schedule. See the 2014 Conference detail page here for more details and lodging information.
September 21, 2011 – Congressman Dennis Kucinich introduced an employment bill reforming our money system: The NEED Act proposes a historic money reform, containing all the monetary provisions of the American Monetary Act including ending “fractional reserve” banking.
Review and share the AMI’s Monetary Reform Brochure with explanations, historical background, the latest text of the NEED Act, answers to the 20 most frequently asked questions, and for information on what you can do to get involved. Also, please visit our Intro to Monetary Reform page for several articles to help students of monetary reform.
This paper from Prof. Joseph Huber to the 2013 AMI Conference analyzes MMT and shows how it fails to seek true monetary reform. This is an especially important paper which the Real World Economics Review has just sent to its 23,924 subscribers! Will MMT try to ignore this?
A Viable Solution to the Economic Crisis, by Robert Poteat of the AMI, takes on the problematic Federal Reserve Banking System and presents a viable solution to this system, Kucinich’s HR 2990.
To receive your videos of the event, please see our fundraising note and video order form.
Click here to hear Stephen Zarlenga’s Cooper Union radio interview for
OCCUPY WALL St.
The AMI evaluation of Modern Monetary Theory (MMT) addresses some of the issues that come up when comparing MMT’s misguided views on monetary facts.
Zarlenga’s address to the US Treasury entitled “Solution to the State’s Fiscal Crises”.
For the first time, a major political party has a platform plank (2012) supporting real monetary reform, which includes the major provisions of the American Monetary Act. This momentous progress came as a direct result of director Stephen Zarlenga’s speech.
The necessary steps to fixing the monetary system established in HR 2990 were used as a guideline by the Green Party to create and approve this monetary reform plank.
Zarlenga’s address to the House of Lords entitled “Monetary Justice Using Publicly Created Money to Fund Public Projects”.
Professor Yamaguchi (Berkeley, Doshisha Universities) shows that Kucinich’s HR 2990 NEED Act: (1) Provides the funding for infrastructure repair (which solves the unemployment crisis) (2) Pays off the national debt as it comes due (3) Does this without inflation! Click here to watch a video of Professor Yamaguchi’s presentation to the 2010 AMI Conference. Wow!
Here are some of our most important achievements to date, made possible by the support of our generous donors who have contributed time and resources throughout the years.
- The Need for Monetary Reform is a brief summary of monetary reform.
- Is the Federal Reserve System a Governmental or a Privately Controlled Organization?
- The Chicago Plan Revisited, Michael Kumhof (Deputy Division Chief, Modeling Dept., IMF) applies modern computer modeling to the Chicago Plan, which support the monetary reforms of HR 2990 and dispel the widespread fears of inflation under a government money system.
Click here to watch Dr. Kumhof’s well-received talk at the 2013 EEA conference session hosted by the American Monetary Institute.
- The Chicago Plan and the American Monetary Act (now the NEED Act), written by Stephen Zarlenga and presented at the inaugural 2005 AMI Monetary Reform Conference.
- A Critique of Innes’ Credit Theory of Money, by Stephen Zarlenga, which explodes (or “discredits”) the prevailing economists notion that it is OK to use “debt” in place of “money.”
- Why States Going Into The Banking Business Would Be A Distraction, Not A Solution To Their Fiscal Problem, American Money Scene Bulletin 5. This article is a comprehensive critique of the wrongheaded notion that instead of fixing the problem, governments should go into the banking business.
- A Critical Review of Ellen Brown’s book, Web of Debt
Helpful Monetary Reform Materials
- Action Materials for Demonstrations Across the Nation
- Reaching Local Officials/Civic Organizations on HR 2990
- Videos of the 2012 AMI Monetary Reform Conference
- AMI Educational Materials Shop
We are the Many – Makana