By Hazel Henderson - Ethical Markets Media – September, 2012
The recession imposed by the financial debacle of 2007-2009 still plagues the world. The deeper reason lies in the murky secrets of money-creation and how financial sleight-of-hand enabled financial players to control politicians - even in democracies. Averting further social, financial and environmental crises and the miseries they cause to millions of citizens, taxpayers and small enterprises on Main Street, now urgently requires unmasking the mysteries of money.
By Guest Author - Mira Tekelova - Positive Money – January, 2012
In the first part of our analysis we showed that the root cause of the constant, and ultimately unsustainable, pressure for economic growth might lie in money, specifically in the “way how money is created in our present system”. We showed how this same thing is also the reason why there is always a lot of investments into environmentally destructive projects and always lack of funding for ecologically friendly projects, renewable energies etc. In this follow up article, we want to posit a simple solution that would transform our financial system:
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