James Robertson, Bernard Lietaer och Michael Hudson, tre verkliga tungviktare när det gäller förståelse av det ekonomiska och monetära systemet, har var sin ny högintressant artikel (i James Robertsons fall är det ett nyhetsbrev).

Nedanstående är utdrag från Bernard Lietaers:

"It is hard to believe, but true, that the US bailout has cost more than the inflation adjusted cost of the Louisiana Purchase, the New Deal and the Marshall Plan, the Korean and Vietnam War, the S&L debacle, NASA and the Race to the Moon combined!"
...
"This begs the question: What happens when the costs for rescuing the bank system become unbearable? Governments learned in the 1930s that they can't afford to let the banking system go under, as this brings down the entire economic system. What they may learn in our times is that they can't afford to save the banking system."
...

..."contrary to what some people believe, our money isn't created by the governments or the central banks, it is created as bank debt. When banks are private, as they are in most of the world, the creation of money is therefore a private business. If the banking system abuses this prerogative, this privilege could or should be withdrawn. The logic is not new: money is a public good, and the right of issuing legal tender belongs at least theoretically to governments."
...

"Under a government run monetary system, the governments would simply spend money into existence without incurring interest at its creation; banks would become only brokers of money they have on deposit, not creators of money, as is the case now.

This would definitely make systemic banking crises a problem of the past. It would also make it possible to re-launch the economy through a large-scale Keynesian stimulus at a much lower cost to the taxpayers, given that the money thus created wouldn't require interest payments to be reimbursed in the future."

James Robertsons nyhetsbrev - Michael Hudsons artikel