Monnaie Honnête is Go!

Back in May, I announced that we had decided to create a new French-based movement that would be campaigning for Monetary reform. The movement would be called "Monnaie Honnête" ("Honest Money") and would be based on the excellent work being done by Positive Money in the UK. We are also part of the "International Movement for Monetary Reform" which currently brings together about 18 different organisations based in different countries - all working towards a radical change in the way our money system works.

Well, I'm pleased to say that Monnaie Honnête's web site is now up and running. You can check it out at monnaiehonnete.net (althoug monnaiehonnete.org and monnaiehonnete.fr also work).

A fair bit of the site currently consists of translations into French of material from Positive Money. And the basic structure of the site is fairly similar.

But there are a some ideas that you won't find on Positive Money's website. To make it easier for those who don't speak French, there is a special section where the key new ideas are presented in English.  Specifically, we argue for the following three principles

• Distribution of newly created money according to population size

• Inject money directly into citizens accounts held with the ECB

• Allow Central Banks to remove excess money using a Financial Transaction Tax

The first two are ideas that are important if this sort of monetary reform is to be imposed in an area like the Eurozone where one Central Bank has to control the money supply for a number of countries. The third idea is one that I believe could be implemented by all central banks.

We would be very happy to have your comments on the site - you can leave comments on all the pages to let us know what you think. And, of course, we would be very happy to see people signing up - you can do that by visiting the "Rejoignez-Nous" part of the site. 

Please pass the word to any French-based or French-speaking people you know that might be interested.