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Through Monetary Reform we can transition to a modern economy and invest in our future. We can rebuild the country and achieve our infrastructure needs. We can create economic stability, and not leave future generations an insurmountable tab to pick up.


Reform can help us create a stable, strong and sustainable modern economy while avoiding many pitfalls of the past and regaining control of the monetary system. It is the elimination of private bank money created by debt, with a transition to U.S. money created by the Treasury authorized by Congress.


Currently, banks create money. Contrary to what many think, they do not loan out our deposits. They create new money and loan that out. Banks are the major creators of our money supply. The Federal Reserve also creates money by buying Treasury bonds created by deficit spending. It can also buy corporate bonds and bail out banks and businesses. This is called quantitative easing. This is the secondary source of our money supply. Under this system, which was started in 1913 the United States has witnessed 19 recessions, including the Great Depression and the Recession of 2008. Privately owned banks have a monopoly power to create U.S. Money and receive the interest charges on its creation.


Monetary Reform is a modern approach for the US going back to the “Greenbacks,” started by President Lincoln, making it true U.S. money. This eliminates the unsustainable, biased debt-sourced money that is created under our current system.


“Money exists not by nature but by laws.” -Aristotle


Modern money, called fiat money, has little to no value in itself and is not backed by anything tangible. It is a faith-based currency meant to reflect the confidence of those who hold it and use it in the government that issued it. This was the reason it was determined and written in the Coinage Clause (Article I, Section 8, Clause 5) of the Constitution that only the government, more specifically Congress, should hold the power to mint money, determine its value and establish what is legal tender for all debts, public and private in the United States.


We have moved away from this principle and put the power of money creation into the hands of the Federal Reserve, which is not a true Federal agency or reserve. There is little accountability in our current method of money creation and causes excessive accumulation of public and private debt. This has led to many drastic fluctuations in the economy over the years, harming small businesses, home prices, retirement savings and more. We can fix the current system and substantially reduce the harmful trends of cyclical downturns, bubbles and financial crises.


Personal, private and public debt has increased over the years without warranted attention or possible solutions by most of our governmental leadership. We are at a tipping point where our actions or inactions will determine the ultimate success of our nation. 



What Monetary Reform means for the economy:

  • Infrastructure needs are met across the country

  • Healthcare can be provided to all

  • Educational shortfalls are eliminated

  • Student debt becomes nonexistent

  • Greater disposable income for 98%+ of the population

  • Lower Federal taxes for most of the population

  • Rural community resurgence

  • Decreased poverty

  • Decreased reliance on assistance programs

  • Decreased private and public debt

  • Greater economic stability throughout the country



To assist in realizing many of our goals, such as transitioning to green energy, modernization of infrastructure, healthcare and education, we need to make monetary reform one of our first priorities.



  • The Federal Reserve System should be incorporated into the US Treasury to continue regulating banks, debunking the myth of the separation of monetary policy from democratically controlled fiscal policy. We have done it effectively in Colonial times, the Revolutionary and Civil Wars;

  • Oversight of Fed, including directives given by the Executive Branch, are conducted by Congress to ensure abuse is not taking place;

  • Primary focus is economic stabilization by focusing on and limiting inflation.



  • Money is created by the Congress only and spent into circulation;

  • Make the banks financial intermediaries like mutual funds, retaining Federal insured deposits and performing the same administrative functions of checking, deposits, ATMs, loans etc;

  • Treasury bills, notes and bonds are paid off over thirty years as they mature with money or zero interest treasuries. Institutions who need a safe return on investment will move to the bank’s insured deposits;

  • The process of money creation has an external cost of close to nothing. Determining the amount of money to be created (coined) and how and where to be incorporated into the economy are questions to be answered by our democratically elected Congress;

  • Addresses the shortage of money we see throughout the economy.



  • Primary focus is economic stabilization by focusing on and limiting inflation and avoiding deflation;

  • Oversight of monetary operations including directives given by the Executive branch are conducted by Congress and the Inspector General to insure abuse is avoided;

  • As with any given system there are opportunities of abuse and misuse. To limit these possibilities, oversight must be strict while violations and violators much be held accountable;

  • Clear rules and guidelines must be established prior to the system being implemented to ensure responsible practices;

  • Inflation is held in check.