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Old 06-04-2008, 12:34 PM
Apollia Apollia is offline
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Arrow An Emergency Program of Monetary Reform for the United States

I found some very interesting articles today about monetary reform.

An Emergency Program of Monetary Reform for the United States by Richard C. Cook

Monetary Reform and How a National Monetary System Should Work by Richard C. Cook

Like many people, I have been plagued with financial problems. I used to think they were simply my own shameful problem and my own fault - which is true to an extent - but, as I've learned more about such issues as the banking system, taxation, child support, etc., it seems to me that the root causes of my financial problems go way beyond my own personal ineptitude or that of my family, and beyond any personal misfortunes that have befallen us.

In fact, I think a lot of the problems of the world at large can be chalked up to the debt-based monetary system (which apparently isn't unique to the USA), where many people are pressured by their circumstances into going into lifelong indentured servitude just to get basics such as a place to live, education, health care, etc.

The above articles are so insightful it really cheers me up quite a bit. They also suggest some solutions, like the government directly spending money into circulation debt-free, instead of money being created by banks loaning it out and making people pay it back with interest.

Any comments, or other ideas on what might be some good monetary reforms for the United States (or elsewhere)?

Last edited by Apollia; 06-04-2008 at 12:39 PM.
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