Serious proposals and practices relating to money creation are not new and they are international, deserving of a full appraisal. Interested people, who have followed the work of the Commission, see a missing dimension in the reform of money itself. In its terms of reference, in the context of a …
A Healthy Financial System Cannot Be Built On The Expectation Of Bailouts
A publication from Baseline Scenario A Healthy Financial System Cannot Be Built On The Expectation Of Bailouts Posted: 05 Mar 2011 06:43 AM PST By Simon Johnson. Testimony submitted to the Congressional Oversight Panel, ?Hearing on the TARP?s Impact on Financial Stability,? Friday, March 4, 2011. I. Summary 1) The …