Miguel A. F. Ordóñez - Banking Liberalization Through Central Bank Digital Cash (CBDC) and Vollgeld
Channel: Monetative TV
Date: 2018-12-16

Miguel Ordóñez, former governor of the Spanish central bank, explains how digital cash leading to a sovereign money system could lead to drastic banking liberalization. Learn how secure money helps to lower the regulatory burdens for commercial banks in this video and on the website: http://conference2018.monetative.de/ 

Speech: "Credit creation, asset prices and banking crises: What’s the link?" at the Conference "The Future of Money - 10 Years after Lehman and Nakamoto" by Prof. Dr. Steve Keen.

Miguel Fernández Ordóñez was the governor of the Spanish Central Bank and member of the Governing Council of the ECB from 2006 to 2012. Before this position, he was among others, Secretary of State for the Spanish Ministry of Economy and Secretary of State for the Ministry of Finance. He also held positions as Chairman of a Securities firm and board member of a big commercial bank. He was also member of the IMF Board, President of the Competition Court, President of the National Electricity Commission and lecturer at the Universidad Complutense in Madrid.

The conference was jointly organized by the German NGO Monetative e.V. and the Frankfurt School Blockchain Center. It was supported by the International Movement for Monetary Reform

Monetative e.V.:
Monetative is a not-for-profit NGO. It was founded in 2012 as a think tank and campaigning organization. It has more than 160 members, many of  whom work or carry out research in the field of monetary systems. The aim of Monetative is to inform society, academics and politicians how the current money system works and why the power of commercial banks to create money systematically produces financial crises. As an alternative money system, Monetative campaigns for a „Vollgeld“- or „Sovereign Money“-System.

https://www.monetative.de/ | Berlin, Germany

Frankfurt School Blockchin Center
The Frankfurt School Blockchain Center is a think tank and research center which investigates the implications of blockchain technology for companies and their business models. Apart from the development of prototypes, it serves as a platform for managers, startups and technology and industry experts to share knowledge and best practices. The Blockchain Center also provides new research impulses and develops training for students and executives. It focuses on banking, mobility, “Industry 4.0” and the energy sector. 

http://www.fs-blockchain.de/ | Frankfurt, Germany

International Movement for Monetary Reform (IMMR)
The IMMR is an international coalition of nonprofit organisations from across the world, campaigning for a monetary system that serves society. We maintain a very clear and specific aim, namely to change the way money is created and allocated, but we are not dogmatic about the way our proposal is implemented as the details will vary from country to country. To serve this goal, the IMMR supports and connects various national member organisations to share ideas, discuss research and exchange best practices.

Read more: https://internationalmoneyreform.org