Growing chorus of academic economists: Monetary Reform the Only Way to Stop our Economic Death Spiral

Bill Still on “The Chicago Plan Revisited”

Mon, 20th Aug 2012 by Mira Tekelova (Positive Money)

Bill Still, author of the documentaries The Money Masters and The Secret Of Oz comments in this short video on the recently published IMF working paper entitled “The Chicago Plan Revisited” which  supports Full Reserve Banking solution. 

“The good news is that the academics are now realizing that the current debt-money system has no answers for our ever-deepening economic problems.”

“I believe that since nothing else will work, monetary reform is absolutely inevitable.”

“The money power is the most important power of a sovereign nation.”

See also: http://www.positivemoney.org.uk/wp-content/uploads/2012/02/Full-Reserve-Banking-in-Plain-English1.pdf

And video: http://www.positivemoney.org.uk/our-proposals/video/longer/

http://www.positivemoney.org.uk/2012/08/bill-still-on-the-chicago-plan-revisited/

 

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