Aus Island stammt ein umfassendes Papier zum Thema Geldsystem und Banken. Folgt bald ein Vulkanausbruch?
Aus dem Inhalt:
But they have still failed to address the fundamental issue the ability of banks to create credit, money and purchasing power, and the instability which inevitably follows. As a result, the reforms agreed to date still leave the world dangerously vulnerable to future financial and economic instability.
This report addresses those fundamental issues. It is rightly titled “Monetary Reform” because it goes beyond the technical details of bank regulation to question who should create money and how we ensure that new money is devoted to useful ends.
It does a crucial job of public education, explaining how “fractional reserve” banks create money, and why excessive levels of private debt will inevitably result in crisis.