Money Creation in the Modern Economy - Conference Introduction and Overview
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- Опубликовано: 10 окт 2024
- Uli Kortsch of the Monetary Institute provides an introduction and overview to the Monetary Institute's "Our Money, Our Banks, Our Country - Money Creation in the Modern Economy" conference held in Zurich, Switzerland on February 5, 2018.
In June 2018, a referendum will be held to decide if a change to the national constitution mandating a change in the monetary/banking system into a Chicago-Plan Style (Vollgeld) shall be made. Although this has been studied for decades, no jurisdiction has yet taken action.
The conference examined this topic from all viewpoints and created a discussion among global experts as to the impact of this change in today’s economic environment. Topics included:
How is money created in the general economy today?
Have the measures introduced since the global crash of 2007/2008 stabilized our banking system?
Why are debt levels increasing exponentially?
How has the structural monetary/banking system fundamentally changed over the last 50 years?
What are the social ramifications of this fundamental change?
Is a radical rethinking of our system feasible or is it only a pipe dream?