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.
By Nick Egnatz
How to Unify America: Rebuild Our Infrastructure, Education and Health Care systems Without Debt; Reduce Taxes and Deficits – Without Reducing Services
This can happen quickly! Good jobs in infrastructure, education, health care, R&D, etc.
Bank Debt System to a Stable Government Money System.
This elegant and simple law will overnight convert our unjust crisis prone bank debt money system into a pure, reliable U.S. money system. Here is how that happens when its’ passed into law.
AMI’s Monetary Reform Brochure with explanations, historical background, the full text of the NEED Act; answers to the 20 most frequently asked questions; and how you can get involved. It also has our Intro to Monetary Reform. This brochure has the “intellectual power” to solve our nation’s greatest problems, from Jobs to Justice; from Energy to Environment; etc. Really! But it needs YOU, for the POLITICAL POWER! Please read it and help!
This brilliant paper from Prof. Joseph Huber to the 2013 AMI Conference, analyzes MMT and shows how MMT fails to seek real monetary reform. This landmark paper was sent by the Real World Economics Review to its 25,000+ subscribers! MMT thinks they can ignore it.
This is Michael Kumhof’s first paper in his new position at the Bank of England in London, continuing his groundbreaking work on money and banking.
Since its nationalization in 1946 after WWII, the Bank of England presents its first quarter 2014 bulletin, explaining exactly how banks create “money” out of thin air when they make loans.
A Viable Solution to the Economic Crisis, by Robert Poteat of the AMI, takes on the crisis creating Federal Reserve Banking System and presents a viable alternative and solution to it in Kucinich’s N.E.E.D. Act (National Emergency Employment Defense Act).
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Stephen Zarlenga’s Cooper Union radio interview for Occupy Wall Street
The AMI evaluation of Modern Monetary Theory (MMT) addresses the issues that arise over MMT’s misguided views on monetary facts, and its gross error in assuming that all money must be debt. That alone is all that’s necessary to wreck a monetary system and turn it into a wealth concentrating engine – into the “wrong” hands!
Zarlenga’s address to the U.S. 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.
Zarlenga’s address to the UK's House of Lords entitled “Monetary Justice Using Publicly Created Money to Fund Public Projects”.
Professor Yamaguchi (Berkeley, Doshisha Universities) shows that Kucinich’s NEED Act HR 2990: (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!
(Art. 1, Sect. 8, Par. 5) by Robert Natelson
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.
Selected Articles from AMI Researchers
-A Viable Solution to the Economic Crisis – statement from Robert Poteat of the AMI on the one-hundred year old Federal Reserve Banking System and an available solution from former Congressman Dennis Kucinich – HR 2990 of the 112th Congress.
-Occupying the NEED Act, by Nick Egnatz, gives an easy to understand primer on the nature of money, monetary systems, and the 3 major reforms that make up the NEED Act.
-Getting What We NEED, by Nick Egnatz, describes the reforms present in the NEED Act and how a debt-free money system would benefit the overwhelming majority of American citizens.
-Mourning 100 Years of Usury under The Fed, by Nick Egnatz, details the tragic 100th anniversary of the private Federal Reserve System, when the U.S. government gave to a private banking cartel that which no government has the right to give away – the sovereign right of a people to create and control their own money.
-Sequesters, Shutdowns and Defaults - read AMI's Huffington Post article concerning the most recent debt limit crisis – co-written by Nick Egnatz, Jamie Walton, and Stephen Zarlenga.
-Summary of AMI Conference 2013 by Nik Livic.
-AMI hosted monetary talk at the New School - watch footage of Stephen Zarlenga’s presentation at the New School in New York, May 2014.