This episode introduces the Excellent Monetary System (EMS) as a structural solution for enabling real, debt-free public financing. Discover how the EMS is implemented, how it operates alongside the current monetary system, and how it offers governments a non-inflationary way to meet societal needs without relying on taxes or borrowing.
In this short yet powerful episode, I present a clear and complete explanation of the Excellent Monetary System (EMS): an additional monetary system designed to enable real, debt-free money creation in service of the public interest.
I walk you through its step-by-step implementation, the role of the central bank, and how public spending can be financed without taxes or borrowing—while maintaining transparency, legal control, and democratic oversight.
The EMS structurally complements and transforms the existing monetary order, offering governments a way to meet social needs and invest in the future without creating inflation or financial dependency.