01497nas a2200109   4500008004100000245006600041210006400107260001200171520111200183100002301295856006901318       2014                        eng d00a100% Money and Vollgeld, no Solution for a Stationary Economy0 a100 Money and Vollgeld no Solution for a Stationary Economy  aLeipzig3 a<p>In the post-growth debate a rising number of authors advocate for monetary reforms, which intention is to prevent banks from deposit creation and establishes the central bank as the sole issuer of money. This paper examines the expected macroeconomic consequences and reviews the proclaimed benefits. In the analysis, I consider especially the assertions of authors, who argue that such reforms can smooth the way to a post growth economy regarding to following benefits: reduction of growth imperatives, prevention from destructive credit cycles, reduction of public debt and more public funds for financing ecological investments. I detect deficient growth imperative hypotheses and assess the reforms on the basis of some more elaborated and consistent growth imperative theories. Analyzing from a Monetary Keynesian perspective, the study shows that these reforms leads to a higher interest rate level and therefore thwart the intended benefits to develop a stationary state compatible monetary system. 149 words Keywords: Vollgeld, 100% Money, Growth Imperative, Monetary Policy, Monetary System</p>1 aWeihmayr, Benedikt  uhttps://degrowth.community/conference2014/scientific-papers/3523