We believe the power to create money must be removed from the banks that caused the financial crisis and returned to a democratic, transparent and accountable body. New money must only be created and used to benefit the public and society as a whole, rather than just the financial sector. There are detailed and workable proposals that would allow this to happen. Even the Financial Times has written about the need to prevent banks from being able to create money.

Source: International Movement for Monetary Reform (this is a .org site)