American Monetary Institute

2021 Conference

17th Annual AMI Monetary Reform Conference, 2021

Zoomland, November 5 - 7, 2021

Quick links (in this page): Schedule of Events / Conference Materials Conference Speakers

 Quick links (in new page): Registration


Dear Friends,

We proudly announce our 17th Annual AMI Monetary Reform Conference, bringing together some of the world’s leading experts on monetary history and theory together with some of the world's most serious advocates of real and achievable economic and monetary reforms.

Because of the ongoing COVID-19 pandemic the conference will be held again on the Zoom platform, which has many advantages over an in-person conference.

To accommodate international scheduling we will have two speakers on Friday starting at 4 pm CT-US followed by a social hour beginning around 8 pm CT-US.

The conference is split up into five sessions and times are subject to change.

Below you will find the tentative schedule and the speakers so far booked, including their bios.

Thanks and warmest regards, hoping to see you on Zoom,

The 2021 AMI Conference Team
Steven Walsh
Govert Schuller



All times Chicago, Central Standard Time (Time Zone Info)


Friday November 5

4:00 - 5:45 pm: Key Note Address

5:45 – 6:30 pm: Dinner break

6:30 - 7:30 pm: Social Event

7:30 - 9:00 pm: Lecture



Saturday November 6

9:00 - 1:15 am: Presentations

1:15 - 2:30 pm: Lunch

2:30 - 6:30 pm: Presentations

6:30 – 7:30 pm: Happy Hour


Sunday November 7

9:00 - 1:15 am: Presentations

1:15 - 2:30 pm: Lunch

2:30 - 6:30 pm: Presentations

6:30 - 7:30 pm: Happy Hour


Conference Materials

Tim Di Muzio: Abstract of Paper

Lilian Held-Kwaham: Overview of Presentation

Mark Young: Text of Paper


Conference Speakers

So far we have booked, in alphabetical order (indicating their country of origin / country of residence), and with added bios:


Ben David 2Arie Ben-David (Israel)

Arie Ben-David is a serial Social and Business Entrepreneur that initiated and managed various international business enterprises. Arie is the founder and the chairman of the board of Shareitt, the Israeli Impact company that developed a Community Prosperity Kit that enables people to shop without spending money and zero pollution. This Social/Economic ecosystem is a platform that combines user-generated marketplaces operating with dedicated Community Currency (CC). As the founding CEO of Eco Whale, Arie helped various companies to become “Triple P” (People, Planet, Profit) impact companies. He is also an international Monetary Reform & innovations expert and in 2012 he initiated the Israeli Monetary Reform Movement.

Bjerg 1Ole Bjerg (Denmark)

Ole Bjerg is an Associate Professor at the Department of Management, Politics and Philosophy, Copenhagen Business School. His works include Poker: The Parody of Capitalism (2011); Making Money: The Philosophy of Crisis Capitalism (2014); and Parallax of Growth: The Philosophy of Ecology and Economy (2016). Making Money was praised by the philosopher Slavoj Žižek, whose ideas Bjerg applied. His research interests circle around a diagnosis of contemporary capitalism, including the ontological question “ How is money?” He is one of the few addressing money creation in a TED Talk. Dr. Bjerg also focused on how economic growth and nature are at loggerheads. Given the COP26 at Glasgow this November it might be good to know that he was deeply involved in a research project “Monetary Reform for the Post-Growth Economy”, which abstract stated: “ Our aim is to provide academic research to document the relations between the current drive towards perpetual, unsustainable growth in our economy and the creation of money as commercial bank credit based on debt. In our research, we also want to demonstrate the potential economic effects of a monetary reform along the lines of Sovereign Money Creation. Our hypothesis is that such reform may remove the need for perpetual growth and thus pave the way for a different and more sustainable organization of the economy.”

Cassell 1Mark Cassell (USA)

Mark Cassell is a professor of political s cience at Kent State University, where he teaches public policy and administration courses, European politics, comparative public policy, and urban politics. His scholarship is mainly concerned with understanding public sector transformations. Professor Cassell's scholarship includes a number of books, including his most recent work, Banking on the State: the Political Economy of Public Savings Banks (2020). The book examines how Germany's public savings banks survive and thrive in the too-big-too fail world of global finance. The book includes a chapter on the United States' efforts at establishing public banking alternatives. Cassell and his co-author, Susan Hoffmann, published Mission Expansion and the Federal Home Loan Bank System. The book explores the history and development of the Federal Home Loan Bank System. And finally, Cassell also published the award-winning book, How Governments Privatize: The Politics of Divestment in the United States and Germany .

Professor Cassell’ s topic and title is “The Political Economy of German Savings Banks", in which he will review the nature of the decentralized system of public German savings banks.


Coleridge 1

 Gregg Colerige (USA)

Greg Coleridge is Outreach Director of Move to Amend, a national coalition working to amend the US Constitution to end corporate constitutional rights and political money in elections defined as First Amendment-protected free speech. He previously worked for more than three decades with the American Friends Service Committee in Ohio. He also serves on the board of the Alliance For Just Money.




Cook 1Randy Cook (USA)





Domenico D'Amico (Italy)


Di Muzio 1Tim Di Muzio (Canada / Australia)

Tim Di Muzio is an Associate Professor of International Relations and Political Economy at the School of Humanities and Social Inquiry, at the University of Wollongong, Australia. He is also an Associate at the Centre for Advanced International Theory, University of Sussex, UK, and he is the founding editor of Review of Capital as Power (RECASP) addressing the many implications of the groundbreaking study Capital as Power by Shimson Bichler and Jonathan Nitzan. Besides many articles Tim co-authored in 2016 with Richard Robbins Debt as Power: Theory for a Global Age and a year later An Anthropology of Money: A Critical Introduction. He also authored The 1% and the Rest of Us: A Political Economy of Dominant Ownership and The Tragedy of Human Development: A Genealogy of Capital as PowerA Genealogy of Capital as Power

Tim will address “MMT, The Pandemic and Fiscal Fright”, the abstract of which is in the section Conference Materials.

Egnatz 1Nick Egnatz (USA)

Nick Egnatz is a Vietnam vet, small businessman, and activist. His life as an activist began opposing the imminent invasion of Iraq in 2003. This opposition soon grew to include all U.S. wars, militarism, empire and the war on the poor and working class facilitated by a monetary system designed to send everything straight to the top. The National Association of Social Workers named Nick 2006 Northwest Indiana Citizen of the Year for his anti-war activism. At last year’s conference Nick began a discussion on social justice and monetary reform (his pamphlet entitled Linking Social Justice to Monetary Reform is available free at – those that would like copies to distribute are invited to contact Nick at This email address is being protected from spambots. You need JavaScript enabled to view it.).

This year Nick will be speaking on his forthcoming book "People, Planet and the Power of Money: Reclaiming the Ancient Lost Power, to Heal Our Planet and Ourselves." The book is an effort to challenge the morality, legality, honesty and results produced by the present bank created debt-money system that the privately owned Federal Reserve System oversees.

Hammon 1Virginia Hammon (USA)

Virginia Hammon is dedicated to teaching about our current money system and a better alternative. She’s just launched a campaign with the support and endorsement of the Alliance for Just Money, called, How We Pay for a Better World. The plan is to take the message on a national road trip next Spring. This fall she’s experimenting with what works on the West Coast. Virginia will present the Campaign launch: How We Pay for a Better World — taking the message of money reform on the road and aiming to get 3 million people in the next 18 months to tell their Congress people to learn about MR. Buy your postcards online! Virginia sits on the board of the Alliance For Just Money.

Held 1Lilian Held-Khawam (Egypt / Switzerland)

Lilian Held-Khawam has been business analyst and coach for international companies and strongly involved in organizational and management development. In 1989, she founded a company based in Lausanne (Switzerland) active in business strategy and management consulting. The slogan of the company is "The development of the Human within the development of the Organization".

She developed in 1996 a management system that integrates the development of processes, projects and human skills. This methodology, called MPC is a human-based business management system. The organization model was designed through a concentric frame, which was a new approach at that time. A process of scientific validation has been started with 5 Masters students at HEC LausanneSince 2011, she is focused on globalization analysis. She took an interest in political economy on September 6, 2011 when the Swiss National Bank artificially pegged the euro-Swiss franc floor rate at 1.20. (See here and here, in French). She is the author of three books:

She is also the founder of her blog and co-founder of HR4Free whose objective is to re-humanize the economy by making HR and Management tools available free of charge. These sites are visited daily by several thousand people from all over the world. She is also an active member of Impressum Vaud, Vaud association of journalists (Switzerland). Born in Héliopolis (Egypt) and lived in Lebanon, France, Switzerland, United States (one year). Today she is bi-national (Switzerland-Lebanon) but with multiple origins (Byzantine, Armenian, Aleppo, Lebanese, Greek, Ethiopian). She graduated in 1982 as business economist from the University of Neuchâtel (Switzerland).

Howell 1John Howell (USA)

John Howell (Ph.D., UCLA, 1968) is a retired physiologist from Ohio University, where he was the recipient of numerous awards for research and for teaching and served as director of the Interdisciplinary Institute for Musculoskeletal Research. He currently serves as a teaching assistant in the Ohio University Department of Classics and World Religions. He is co-founder and Coordinator of Democracy Over Corporations in Athens, Ohio. He has given talks on monetary reform at the American Monetary Institute conferences in Chicago as well as at other local and regional gatherings, and is the author of the pamphlet, Why Money Creation is Central to Most of the Problems Faced by Society. Currently John serves on the board of the Alliance For Just Money.

Huber 1Joseph Huber (Germany)

Joseph Huber is Professor emeritus of economic and environmental sociology, Martin-Luther University, Halle-Wittenberg, Germany. He is the founder of the monetary reform organization Monetative e.V. Berlin and is the editor and main author of the web site Sovereign Money: Website for Monetary System Analysis and Reform. His main publication relevant to monetary theory and reform is Sovereign Money: Beyond Reserve Banking. His many articles on monetary history, theory and reform can also be accessed on the Extensive Bibliography maintained by AFJM. He was a presenter and panelist at the 2018 Swiss conference “Our Money, Our Banks, Our Country – Money Creation in the Modern Economy”, pleading in favor of the Swiss monetary reform referendum. Currently he is a member of the Advisory Panel of Positive Money (UK) and serves on the recently founded Board of Advisors of the Alliance For Just Money.


Keen 1Steve Keen (Australia)

Professor Steve Keen is widely regarded as one of the world's most accurate analytical economists, voted in 1st place for the inaugural Revere Award for Economics in 2010 by the (Real) World Economics Association for giving an early warning (initially in 1995) for the 2008 financial crisis using his highly advanced economic modeling system: MINSKY. Professor Keen has continued to refine his MINSKY system and it is in demand by national governments, central banks and financial institutions to dynamically model real economic inputs and outputs. In 2012 he was invited to give testimony at a Congressional Briefing in Washington, DC on Avoiding the “Fiscal Cliff” and the mistakes of the Great Depression to warn Congress on the dire consequences of austerity in the midst of a recession. More recently Professor Keen has done important work in the field of energy analysis as it applies to economics, and the wider social and environmental ramifications of our present energy use.

Professor Keen has participated in many previous AMI conferences and this year he will present on ‘carbon currencies’.

Kotlikoff 1Laurence Kotlikoff (USA)

Laurence Kotlikoff is a professor of economics at Boston University, president of Economic Security Planning, and a New York Times best-selling author. His columns, articles, and books cover personal finance, generational policy, climate policy, inequality, tax reform, Social Security, banking, robotization, growth, and much more. He is a proponent of limited purpose banking (LPB) which finds its inspiration in the 1930s Chicago Plan and which has other overlaps with sovereign monetary reform. He is the author of the NYT best-seller Jimmy Stewart is Dead: Ending the World's Ongoing Financial Plague with Limited Purpose Banking. He was a presenter and panelist at the 2018 Swiss conference Our Money, Our Banks, Our Country – Money Creation in the Modern Economy pleading in favor of the Swiss monetary reform referendum.

Prof. Kotlikoff will present the keynote address.

Laina 1Patrizio Lainà (Finland)

Patrizio Lainà is Working as a Chief Economist at the Finnish Confederation of Professionals (STTK)He previously worked as an Economist at the Central Organisation of Finnish Trade Unions (SAK) and the Bank of Finland. He is a co-founder and chair of the Finnish monetary reform organization Economic Democracy Finland (“Suomen Talousdemokratia” in Finnish), where he is still active. He also holds a PhD from the University of Helsinki. His substantial contributions to monetary theory and reform are the following:

Kameel 1Ahamed Kameel Mydin Meera (Malaysia)

Prof. Dato’ Dr. Ahamed Kameel Mydin Meera is currently the Managing Director of the Z Consulting Group.  He was a Professor in the Faculty of Economics and Management Sciences, International Islamic University Malaysia and the Dean of the Institute of Islamic Banking & Finance, International Islamic University Malaysia. He holds a PhD. degree in Finance from the University of North Texas, Denton, Texas, USA. His undergraduate and Masters Degrees were in the area of Economics from the International Islamic University Malaysia.

His areas of interest and expertise include Financial Markets, Investment Analysis, Macro-Economics, Economics of Social Issues and Quantitative Methods. He has wide experience in teaching, training, consultancy and research in the above areas. His works have been published in local and international journals. His current research interest is in money systems that includes the gold dinar. He is the author of the books The Islamic Gold Dinar, The Theft of Nations (both published by Pelanduk Publications) and Real Money – Money and Payment Systems from an Islamic Perspective published by IIUM Press.

Prof. Meera is the chairperson of the Malaysian monetary reform organization Gerakan Keadilan Monetari (Movement for Monetary Justice).

The title of Prof. Meera’s presentation is "Lessons Learned from Post-Bretton Woods, Global Fiat Money System and the Warranted Monetary Reforms."

Jussi Ora (Sweden)


Ordonez 2Miguel Ángel Fernández Ordóñez (Spain)

Miguel Ordóñez is a Spanish economist and former Governor of the Bank of Spain (2006–12). In 2018 he came out in favor of a radical reform of the banking and monetary system. He condensed his ideas in the book Adios a los Bancos: Una Visión Distinta del Dinero y la Banca (Farewell to Banks: A Different View of Money and Banking) dedicated to a public CBDC system). He runs the blog Dinero Digital Seguro (CBDC) and currently teaches on Monetary Policy and Financial Regulation at IEUniversity. He is also involved in the informal network of Spanish speaking persons promoting monetary reform (Difundir la Reforma del Dinero Soberano en el Mundo de Habla Hispana) which was inaugurated to promote the anthology Democratizar el Dinero: Una Introducción a la Reforma del Dinero Soberano.

Pash 1Mark Pash (USA)

Mark Pash grew up and worked in two separate family businesses, one in manufacturing and the other in retail stores. He went on to receive two business degrees, Bachelors and Masters, from UCLA and USC respectively. Then he served in the US Army after which he received his Certified Financial Planning designation. Over the past 45 years Mark has been very active in the financial industry helping clients with their budgets, investments, loans, income taxes, social security, medical coverage and scores of other business and personal financial issues. He was listed by Money Magazine as one of the top financial planners in the nation. His extensive background brings a grounded understanding of the practical and theoretical dimensions of macroeconomics. He has written many articles besides his first book Economic Theory of Relativity and the website of the nonprofit, Center for Progressive Economics. Mark has long been active in politics serving on various campaigns advisory committees and running for Congress.

Phillips 1Ronnie Phillips (USA)

Since 2010 Ronnie Phillips is Professor Emeritus in Economics at Colorado State University, Fort Collins and is past president of the Association for Evolutionary Economics. Phillips also taught at Texas A&M University in College Station, Texas. He has published widely on banking issues, entrepreneurship, and public policy in books, academic journals, newspapers, magazines, and public policy briefs. His 1980 dissertation was on Global Austerity: The Evolution of the International Monetary System and World Capitalist Development: 1945-1978 and he authored in 1995 The Chicago Plan and New Deal Banking Reform, with a foreword by the legendary Hyman Minsky, next to whom he had his office when he was resident scholar at the Jerome Levy Economics Institute of Bard College. His other books are available at his website. He also has several podcasts that may be of interest on his website. Currently he serves on the recently formed Board of Advisors of the Alliance For Just Money.

His presentation is titled “Safe and Stable Banking: Lessons from US History".

Robbins 2Richard Robins (USA)

Richard Robbins is Distinguished Teaching Professor at the Department of Anthropology at SUNY, Plattsburgh. His books include Global Problems and the Culture of Capitalism (7th edition) with Rachel Dowty, selected by Choice: Journal of the Association of College and Research Libraries as An Outstanding Academic Title of the Year), Cultural Anthropology: A Problem-Based Approach (8th edition) co-authored with Rachel Dowty Beech, (which received the Text and Academic Authors Association textbook of the year award for the social sciences), Debt as Power, (runner-up for 2017 Sussex International Theory Prize) and An Anthropology of Money, both co-authored with Tim Di Muzio. He received the SUNY Chancellor's Award for Excellence in Teaching and the American Anthropological Association/McGraw-Hill Teacher of the Year Award. His recent work convinces him that our economy is driven by the tyranny of the rate of return, its contribution to the continuing maldistribution of wealth, and the impoverishment of us all. Dr. Robbins joined the recently founded Advisory Board of the Alliance For Just Money.

Dr. Robbins will address the “Once in a Lifetime Opportunity: COVID-19 and the Economy.

Rossi 3Sergio Rossi (Switzerland)

Sergio Rossi is Full Professor of Economics at the University of Fribourg, Switzerland, where he holds the Chair of Macroeconomics and Monetary Economics, and is Senior Research Associate at the International Economic Policy Institute at Laurentian University in Canada. He is a member of the Council of the Jean Monnet Foundation for Europe and a blogger for the newspaper Le Temps (formerly L’Hebdo). After obtaining his PhD degree in Political Economy ( 2000 ; under Victoria Chick ), he carried on his research work on monetary macroeconomics. His research interests focus on macroeconomic analysis, particularly as regards national and international monetary and financial issues. He has authored and edited many books, widely published in academic journals, and is regularly invited to TV and radio talk-shows discussing contemporary economic issues at national and international level. He authored Money and Payments in Theory and Practice (Routledge, 2007) and w ith Louis-Philippe Rochon he was the co- editor of The Encyclopedia of Central Banking (Edward Elger, 2015). For more of his publications see here. He was a presenter and panelist at the 2018 Swiss conference “Our Money, Our Banks, Our Country – Money Creation in the Modern Economy” pleading in favor of the Swiss monetary reform referendum.

Serafimova 2Katharina Serafimova (Germany / Switzerland)

Katharina Serafimova is a social entrepreneur who lives her dream to co-create projects to re-connect nature, money and community. As a speaker and moderator, she facilitates events and processes that enable the transitions towards a value- and needs-based paradigm. After graduating from environmental natural sciences at ETH Zürich in 2004, she entered the corporate world. In 2010 she graduated with a Master of Advanced Studies in Business Communication and decided to “change sides” and work for an NGO to translate sustainability into the finance sector. Since 2014 she is lecturing at the Institute of Banking and Finance at University of Zürich. She was a presenter and panelist at the 2018 Swiss conference “Our Money, Our Banks, Our Country – Money Creation in the Modern Economy” pleading in favor of the Swiss monetary reform referendum. Recently Katharina delivered the keynote adress at the Just Money Festival organized by the Alliance For Just Money.

Sklansky 1Jeffrey Sklansky (USA)

Jeffrey Sklansky specializes in the intellectual and social history of capitalism in eighteenth- and nineteenth-century America. After graduating from the University of California at Berkeley and receiving his PhD in History from Columbia University, he taught at Oregon State University from 1997 to 2011, when he moved to the University of Illinois at Chicago. He offers courses on the history of capitalism, radicalism in America, and American intellectual history, among other topics. He is the author of two books. The Soul’s Economy: Market Society and Selfhood in American Thought, 1820-1920 (2002) traces the fall of classical political economy and the rise of modern sociology, psychology, and allied social sciences in its place. Sovereign of the Market: The Money Question in Early America (2017) examines the two-hundred-year struggle over what should serve as money, who should control its creation and circulation, and what principles should govern its role in market relations.

Tideman 2Nicolaus Tideman (USA)

Professor Nicolaus Tideman received his Ph.D. in Economics from the University of Chicago (where he studied under Milton Friedman among others), taught at Harvard (1968-73) and served as Senior Staff Economist at the President’s Council of Economic Advisers (1970-71) before moving to Virginia Tech in 1973. He has been Professor of Economics there since 1985. While his research has focused primarily on urban economics, public finance, voting rules and social justice, in 1975 he collaborated with Nobel Laureate James Buchanan in writing on “Gold, Money and the Law.”

Titus 1John Titus (USA)

John Titus produces videos and films about financial and monetary events that undercut the rule of law. Titus worked as an electrical engineer in the space industry before law school. In 1994 he began his legal career at Roper & Quigg, a patent litigation boutique that insisted on technical precision in advocating cases built on storytelling techniques. The firm’s long track record of major successes against much bigger law firms came to an end when it was acquired by a global corporate law firm some time after Titus made partner. In 2007-08, Titus became interested in the growing disconnect between reality and financial media reporting, which seemed to go out of its way to avoid so much as mentioning fraud—a disconnect that only grew bigger once the Federal Reserve launched the first of many quantitative easing programs. In early 2011, as the financial crisis metastasized into a fraudulent foreclosure and eviction crisis, Titus temporarily left the practice of law to produce Bailout (2012), a feature-length documentary about the crisis that he co-wrote with the late John Fox, his stand-up comedian friend and neighbor who narrated the film and was part of the film’s road trip to Las Vegas. Not yet knowing how to use a camera when Bailout was produced, Titus hired a director and crew. In early 2013, Titus resolved to learn how to make videos with his own hands after seeing a PBS Frontline episode, “The Untouchables,” which so thoroughly exposed the Department of Justice’s failure to investigate Wall Street in the wake of the financial crisis that the head of the DOJ’s Criminal Division was forced to resign the next day. Titus began releasing his own solo video productions on YouTube later that year and hasn’t looked back.

Verhagen 1Frans Verhagen (Netherlands / USA)

Frans Verhagen is a Dutch-American sustainability sociologist with a PhD in the sociology of international development from Columbia University. In 2009 he founded the International Institute for Monetary Transformation and is now pursuing the development and implementation of the Tierra Solution, a carbon-based international monetary system to combat climate change through low carbon and climate-resilient development. He is the convener of the International Peace Research Association (IPRA)’s Ecology and Peace Commission and represent ed IPRA at UN Headquarters, where he was founding chair of the NGO Committee on Sustainable Development’s Working Group on Monetary Transformation. H is major publication so far is The Tierra Solution: Resolving Climate Change Through Monetary Transformation (2012), which proposes 1) a Global FED ; 2) a banking system without the privilege of money creation; and 3) a carbon standard for the international monetary system with the Tierra as the unit of account. Dr. Verhagen is currently busy with exerting influence on COP26 in Glasgow (read his offered NYT Op-Ed) and is preparing an updated version of his study "Ample Money: What, why (not), how and whither?" ( He should not to be confused with the Dutch journalist by the same name who writes critically about the US)

Young 1Mark Young (USA)

Mark Young has over 25 years of experience in the housing and community development field. He has worked in the non-profit sector for a community development corporation and for city and state governments as well as being a private business owner of Crossroads Development & Consulting Company, JMK Development, Home Care Realty, Urban Property Group and VoluMod LLC.

As a life-long residence of Indianapolis and graduated from North Central High School he has always had an entrepreneurial and creative spirit. After graduation he attended Ball State University where he earned a B. S in Biology and completed his graduate work in Urban and Regional Planning under a work study scholarship from the Department of Housing and Urban Development where he also minored in Economics.

Mark self-published his first book How To Fix the Future: Using Cooperative Economics in 2012 to introduce laymen to macroeconomics and the subject of monetary reform in a non-academic way. He was also a co-editor of the Spanish-language anthology on monetary reform titled Democratizar El Dinero. He is also a founding member of the Alliance For Just Money (AFJM) and is currently serving as a Core Member of the Internation Movement for Monetary Reform (IMMR).

Mark’s presentation is titled “International Consequences and Obstacles to Sovereign Monetary Reform.