Citizens’ initiative in Switzerland to take money creation away from commercial banks. Next step is debate and then a referendum of all Swiss citizens.
Swiss citizens’ initiative collects 105,000 signatures, triggers referendum on Money Creation
With the full power of new money creation exclusively in the hands of the Swiss National Bank, the commercial banks would no longer have the power to create money through lending. The Swiss National Bank’s primary role becomes the management of the money supply relative to the productive economy, while the decision concerning how new money is introduced debt free into the economy would reside with the government”, reads the official website of the initiative.
A local currency for Barcelona, or rather the region of Catalunia in Spain … it is one of many experiments to try and learn how a currency should be properly configured, and what it can do to isolate the real local economy from the instability of the financial markets that have co-opted the official currencies for their gambling…
Barcelona Officials Plan Alternative Currency
ALMERIA, Spain — As humanity increasingly loses faith in debt-backed fiat currencies run by opaque central banks and corrupt governments, the city of Barcelona, Spain, is the latest to announce plans to try something new — a local currency.
Proposed: that communities create Capital Asset Partnership Trusts (CAPT) in the context of a larger Golden Rule Network
The potential monetized value of equity in real property is tremendous. In the U.S. alone the equity in home ownership is $8.2 trillion. As well, there is the other huge pool of capital with the equity present in commercial properties that can be awakened with the same strategy. Unleashing even a fraction of that capital will have an unequaled and immediate benefit that will be felt all around the world. Just imagine the impact of a well directed trillion dollars of reserve capital multiplied through the fractional reserve system can have on our current and pressing environmental needs! And we can start today!
DOC (12 Pages): The Golden Rule Network
Full text below the fold.
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A good description of Bitcoin in terms people can understand… In my view, Bitcoin is an immensely successful prototype, but not the final form this kind of currency will eventually take.
Wall Street Battling Silicon Valley Over Bitcoin Says ‘Digital Gold’ Author
Email for money.
Bitcoin @ Phi Beta Iota
Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money