Our fellow monetary reformer Simon Dixon debated monetary reform as a response to the Cyprus crisis in this video:
[youtube height=”390″ width=”640″]http://www.youtube.com/watch?
“What we are seeing across all of Europe and all the policies at the moment is a lack of understanding of what the actual cause and root cause of the problems that we suffer today. It is focusing on symptoms.”“We suffer from not enough money and too much debt. We have a deep dependence upon the banking system as the creators of money supply for all of the European countries.”“Speculation is a symptom that comes from a banking system which is completely flawed – a banking system where we relying upon the banks for the creation of money, and where the banks are determining where the money gets spent…”
“Speculation is a huge problem, but it’s still a symptom of a system where we allow the banks to dictate where money goes.”
“The plethora of opportunities that’s not being explored right now is in fact taking away the banks’ ability to create money and make them genuine intermediaries between borrower and lender.”