The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
And of course turkeys don't vote for Christmas.
The banking system is either disintermediated, or it isn't. Money is either an IOU credit object: or it's a relationship in which credit is an integral part.
Personally, I see no role for a Treasury as a middleman any more than I do a Bank either in public or private ownership.
The system I advocate, as I have long said, is in fact (a)"Peer to Peer" "trade" credit - supported by a mutual guarantee etc etc on the one hand; and
(b) Peer to Peer direct investment through production/revenue sharing "Unitisation".
No legislation is needed for that model: people just have to agree to do it. "The future is already here -- it's just not very evenly distributed" William Gibson
by Frank Schnittger - Aug 1 20 comments
by Frank Schnittger - Aug 3 4 comments
by Oui - Jul 12 46 comments
by gmoke - Aug 1
by gmoke - Jul 31 3 comments
by Oui - Jul 19 70 comments
by Oui - Aug 921 comments
by Oui - Aug 716 comments
by Frank Schnittger - Aug 34 comments
by Oui - Aug 31 comment
by Oui - Aug 23 comments
by Frank Schnittger - Aug 120 comments
by gmoke - Jul 313 comments
by Oui - Jul 3016 comments
by Oui - Jul 30
by Oui - Jul 261 comment
by Oui - Jul 253 comments
by Oui - Jul 239 comments
by Oui - Jul 1970 comments
by Oui - Jul 1932 comments
by Oui - Jul 1691 comments
by Oui - Jul 151 comment
by Oui - Jul 137 comments
by Oui - Jul 125 comments
by Oui - Jul 1246 comments