How significant is this cooperative effort to enlarge the human challenge to the disastrous money system and its exponential reach into a disastrous future for people and the planet? Please consider signing in, Peter: Webinar – Thursday 28th May 2026 with Dr Michael Kumhof:

As Dr. Kumhof explains, almost all money today is created by private banks when they grant loans. We borrow the entire money supply and pay interest to private banks for the money to exist. What’s the problem with that? For many decades, the money supply—and thus our debt—has grown 2–3 times faster than GDP. In other words, our debt is growing faster than our income. It’s like trying to climb a mountain that’s growing taller faster than you can climb it.

Sooner or later, the mountain of debt will become too great, leading to another financial crisis. At that point, the government will be forced to bail out the banks—otherwise, the money supply risks collapsing and the ability to make payments will be wiped out. Or is there another way? Come on May 28th to find out!

Michael Kumhof is a central banker who combines his skills with a concern for humanity. It is not for one person to carry the world on his shoulders, but Michael has done humanity and our communities a great service by advancing monetary reform. https://monreform.org/kumhof-money-without-debt/