Author Description

How often do we think about the question: 'How is money created?'Why are some private companies, the banks, allowed to create money? Would it not be better for this to be done by the ECB? The author, Ton Derks, views money as 'solidified trust' and debt as 'negative freedom'. Based on this, the aim is to create a monetary system that benefits society, contributes to the prosperity and well-being of all, reduces the debts of governments and helps to facilitate the environmental transition and, as part of that, the energy transition.This book is written specifically for members of the European Parliament. All members elected in May 2019 will be offered this book. However, insight into the world of money is also useful for other politicians. The same applies to students. In the course 'Social Economy', you usually learn about how the economy, including our monetary system, is organised. However, the course only becomes really interesting if you start thinking about how our economy can be organised differently.Last but not least, this book is interesting for all people who want to know how money is actually created, as well as the influence(s) thereof on one's own life, society and the world.