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The “Future of Money” Conference is a jointly organized event by the NGO Monetative e.V., the Frankfurt School Blockchain Center and the International Movement for Monetary Reform. It's aim is to discuss the structure and the (mis-)functioning of the current monetary system and two monetary reform proposals that both aim to end the current debt-based monetary system: Sovereign money (Vollgeld) and Currrency Competition via Cryptocurrencies. The event will take place on November 24, 2018 on the campus of Frankfurt School of Finance and Management. The venue is located directly in Frankfurt am Main in Germany, one of the biggest financial centers in Europe. 

Several keynotes will frame the whole conference and pave the way for the three pillars of the conference:

1) The structure, flaws and developments of the current money system
2) Sovereign Money (Vollgeld)
3) Currency Competition via Cryptocurrencies

In each of these three pillars, presentations about current research highlights, popular issues and the knowledge transfer between the three pillars are given. For more information visit: The conference Website

Speakers include:

WIlliam White: Chief economist of the OECD and former chief economist of the BIS

Prof. Dr. Larry Kotlikoff: Prof. at Boston University, former economic advisor of Ronald Reagan, write-in candidate for President of the United States in the 2016 election

Miguel Fernández Ordóñez: Among others: president of the spanish central bank

Prof. Dr. Peter Bofinger: longest serving member of the german council of economic experts

Dr. Michael Kumhof: Senior research advisor at the Bank of England, former economist / deputy division chief at the International Monetary Fund (IMF)

Prof. Dr. Thomas Mayer: Founding director of the Flossbach von Storch Research Institute, former chief economist at Deutsche Bank und formerly working at Goldman Sachs and the IMF

Prof. Joseph Huber: Developer of the Vollgeld-System (Sovereign Money)

Jonathan McMillan: Author of the book "The End of Banking"


Day 1, 30 January 2018

09:30 – 09:35
09:45 – 10:15 Keynote: Banks are notintermediaries of loanable funds - and why this matters by Dr. Michael Kumhof

10:20 – 12:00


Current money System

Prof. Dr. Steve Keen: Credit creation, asset prices and banking crises: What's the link?

Dr. Michael Kumhof: Does a Central Bank Digital Currency (CBDC) threaten the existence of commercials banks?

Dr. Calrd A. Claussen: Central bank accounts for all? - Insights into the Riksbank e-krona project

Jonathan McMillan: The rise of shadow banking: money creation in the digital age

Dr. Norbert Häring: Brave New Money - PayPal, WeChat, Amazon Go - A totalitarian world currency in the making

L. Shmatenko / S. Möllenkamp: A bit(coin) out of control - The legal nature of cash, deposit money and cryptocurrencies

12:05 – 12:35 Keynote: Economic Outlook and reason for monetary reform by Dr. William White
12:35 – 13:05 Keynote: How can the Euro survive? Could money reform be a solution? by Prof. Dr. Thoams Mayer
13:05 – 14:00 Lunch
14:00 – 14:30 Keynote: How to liberalize the banking system through Vollgeld by Miguel A. F. Ordonez

14:35 – 16:15


Sovereign Money

Prof. Dr. Joseph Huber: Design principles for a Central Bank Digital Currency

Prof. Dr. Ole Bjerg: CBDC in line with the Vollgeld approach?

Dr. E. Dawnay / M. Degiacomi: Lessons learnt after the Swiss Referendum on Sovereign Money

Prof. Dr. Laurence J. Kotlikoff: The Big Con - Reassessing the "Great" Recession and its "Fix"

Edgar Wortmann: Future role of central banks: monetary authority or still a banking body?

Manuel Klein: Vollgeld 101 - How does it work and what can it do?

16:15 – 16:30 Coffee break
16:30 – 17:00 Keynote: Digitalization and currency competition by Prof. Dr. Peter Bofinger

17:05 – 18:45



Max Rangeley: Why do we need and should use cryptocurrencies?

Bringing stability to crypto currency prices: Seigniorage Shares

Overview on consensus mechanisms

Arne Pfeilsticker: Zero energy consensus mechanisms and non-redundant blockchain trees

Prof. Dr. Phillip Sandner: Blockchain, Bitcoin, Crypto Assets: Emergence of a New Infrastructure for the Financial Sector?

Veronika Kütt: Bitcoin 101 - How does it work, what can it do?

18:45 – 19:00 Break
19:00 – 19:45
Panel Discussion with:

Dr. Gerhard Schick: Deputy chairman of the Finance Committee, German Green Party
Dr. Cyrus de la Rubia: Chief Economist, HSH Nordbank
Dr. Carl Christoph Hedrich: Senior Research Manager, Commerzbank
Prof. Dr. Dr. Helge Peukert: Professor of pluarlist Economics, Siegen University
Ralph Bärligea: Banking Consultant, Bearing Point
Marc Friedrich: Bestselling author

19:45 – 20:00 Closing Address, Get together