The 110 page report by FROSTI SIGURJONSSON can be downloaded in English here:
This report, commissioned by the Prime Minister of Iceland, presents
the results of a study into the money creation mechanism in Iceland
and the potential for its improvement.
“Of all the many ways of organising banking, the worst is the one we
have today. … Change is, I believe, inevitable. The question is only
whether we can think our way through to a better outcome before
the next generation is damaged by a future and bigger crisis. This
crisis has already left a legacy of debt to the next generation. We
must not leave them the legacy of a fragile banking system too.”
–Lord Mervyn King, Governor of the Bank of England 2003-2013
Posted 4 Apr 2015
The international monetary system chatter has risen in several countries, and the question is “who will dip their toe into the water first?”
Canada, Greece, Iceland, or some other nation…
Greece may reissue the Drachma!
What’s Next For The Canadian Money Masters?