by Dan Sullivan
The ultimate solution is for each sovereign nation to create its own currency and either spend that currency directly into circulation or give it on a per capita basis. As long as banks enjoy the privilege of creating legal tender out of thin air and lending it into circulation, the most basic injustices will continue. We therefore applaud efforts to reform national currencies by the American Monetary Institute in the United States, and Positive Money in the United Kingdom, and consider their proposals ethically and economically sound. Continue reading