GREEN MONETARY REFORM Nearly every relationship essential to life depends on money. This gives ultimate power to those who control the creation and allocation of money. Most of our money is issued by private banks that manage it for the exclusive benefit of their top managers and largest shareholders. It is issued as debt to be repaid with interest. Not all borrowers can repay their loans with interest at the same time because there is not enough money in the system. So this requires at least one borrower to raise a new loan and so the total money supply must keep on increasing. This system leads to growing debt, a growing money supply and therefore the imperative for perpetual economic growth. This imposes an ever-increasing demand on the natural resources required for productivity growth - not to mention the social harm that results from a system of ‘winners and losers’. It widens the gap between the rich who are net lenders and the poor who are net borrowers. Few people in the New Zealand realise that they are using privately created money without knowing it – and using a private service always comes with a price tag. Any properly functioning economic system has as its purpose the provision of goods and services for a community. It is putting the cart before the horse if money supply is allowed to govern production. The financial needs of production and distribution should determine the money supply. It is only when there is enough money (whether national, regional or local) in the system that there can be full employment. If we don't have full employment there is no hope for our youth and a complete breakdown of systems may be just around the corner. Full employment is not possible with a centralised money system linked to a global system dominated and tightly controlled by big banks, investment banks and wealth management companies. A central service of governments — supplying money — has been privatised and it has been done by stealth in the western world. The private interest-bearing money must be abolished and replaced by public money put into circulation by public bodies at all levels. We would vest this money creation power throughout the community at different levels of organisation. There would be continuing negotiation between the levels to create a dynamic equilibrium.