• Thomas Mayer

    Thomas Mayer is the founding director of the Flossbach von Storch Research Institute. From 2002 to 2009, he was Chief European Economist and Co-head of global Economics at Deutsche Bank in London and from 2010 to 2012 Chief Economist of the Deutsche Bank Group. His previous professional career includes Goldman Sachs (1991 to 2002), the International Monetary Fund (IMF) (1983 to 1990) and the Institute for the World Economy in Kiel (1978 to 1982). In 2015, he was appointed honorary professor by University Witten/Herdecke. Since 2002, he holds the title Chartered Financial Analyst.

How can the Euro survive? Could money reform be a solution?

Ohne Vollgeld stirbt der Euro

Die Schweizer haben am vergangenen Sonntag wie erwartet einen Wechsel vom bestehenden Kreditgeldsystem zum Vollgeldsystem abgelehnt. Dabei dürfte eine Rolle gespielt haben, dass Kreise, die von der öffentlich-privaten Partnerschaft der Kreditgeldproduktion als private Geldproduzenten oder öffentliche Manager profitieren, den Wählern Angst gemacht haben.

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Währungswettbewerb zur Rettung des Euro/ Currency competition to save the Euro

The expectation that the member states of the European Monetary Union would adapt over time to the requirements of a single European currency has not been fulfilled. In order to ward off a politically and economically costly collapse of the euro, it is therefore necessary to restructure the European cur-rency. In this paper, we propose a renewal of the euro as “100% money” in a regime of competition with other types of money.

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This Post Has One Comment

  1. Is the paper available in English?

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