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Banking Money Or Sovereign Money? That Really Is The Question.

June 9, 2014

THE ONENESS of HUMANITY

Posted April 8, 2014

by Jerry Alatalo

“The mischief springs from the power which the moneyed interest derives from a paper currency which they are able to control, from the multitude of corporations with exclusive privileges which they have succeeded in obtaining… and unless you become more watchful in your states and check this spirit of monopoly and thirst for exclusive privileges you will in the end find that the most important powers of government have been given or bartered away, and the control of your dearest interests have been passed into the hands of these corporations.”

– Andrew Jackson (1768-1845) 7th President of the United States

Farewell Address, March 4, 1837

mountain2Michael Kumhof is deputy division chief of the modeling division at the International Monetary Fund (IMF). In the following lecture at the London School of Economics, he makes the case for a new monetary system on Earth. For…

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