Welcome!
“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.
Upcoming Events
– See the details of the upcoming 11th Annual AMI Monetary Reform Conference, September 10-13, 2015, at University Center in Chicago.
Click here to see the confirmed speakers for 2015
(more info coming soon)
Register now for the 2015 AMI Monetary Reform Conference, September 10-13, 2015
… at University Center in Chicago is now open for early registration. This is our 11th Annual Conference. We bring together monetary reformers to discuss actual monetary reform such as Kucinich’s NEED Act, introduced into the 112th Congress. Register by May 1, for $195. instead of $395. Large discounts/scholarships are available to Students and Green Party members!
Congressman Kucinich’s Historic Monetary Reform Bill HR 2990
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.
32 Page Brochure Explaining Monetary Reform 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!
A Refutation of so called “Modern Money Theory” (MMT)
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 23,924 subscribers! MMT thinks they can ignore it.
Hundred Year Old Federal Reserve System Problem
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).
AMI’s Cooper Union Event: Fixing Our Broken Money System – Videos Now Available!
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.
AMI Evaluation of “Modern Monetary Theory”
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 Speech at the US Treasury 12/4/03
Zarlenga’s address to the US Treasury entitled “Solution to the State’s Fiscal Crises”.
Zarlenga’s Speech at the 2007 Green Party Convention
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.
Green Party’s Historic Monetary Reform Plank
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 Speech at the House of Lords 5/4/04
Zarlenga’s address to the House of Lords entitled “Monetary Justice Using Publicly Created Money to Fund Public Projects”.
Professor Kaoru Yamaguchi’s Model of HR 2990
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!
AMI Achievements to Date
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.
Key Articles
- 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 The Nation’s Monetary Problem, 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. Sorry Progressives, but there are major, self-defeating problems with her approach – consistently a distraction, not a solution!
Helpful Monetary Reform Materials
- Friends, We are trying something new this Sunday, March 16th, from 8 pm to 10 pm eastern time. We will conduct a Reddit Ask Me Anything (AMA). You can tune in at www.reddit.com. You can also make comments if you register or are already registered.
- CLICK HERE TO SEE VIDEO OF THE NEW SCHOOL MONETARY CONFERENCE
- 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
Stephen Zarlenga’s Address to Occupy Chicago
We are the Many – Makana
Recent 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.
-Click Here to read Nik Livic’s great summary of the 2013 AMI Conference.
-Click here to read our latest Huffington Post article concerning the most recent debt limit crisis – co-written by Nick Egnatz, Jamie Walton, and Stephen Zarlenga.
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