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"The real difficulty in changing any enterprise
lies not in developing new ideas, but is escaping from the old ones."
--J. M. Keynes
| William Krehm Funding the Future, Paying for the Past. Mr. Krehm speaks of an inverted metric: "the more events confirm the need for a return to policies that saved society in the past, the less the freedom to even mention them." A powerful, informative talk on the social effects of the shift of money-creation from central banks to private banks. A critique of the banking system. Defining the social lien. The importance of capital budgeting. |
Bill FisherThe Privatization of Ontario Hydro: A Case Study. Mr. Fisher chronicles the folly of privatizing Ontario Hydro. Electricity rate will rise- but that's not all! 7 reasons why this is a BAD idea... A prototype example of what happens when a public utility (good, resource, or service) is privatized. |
| Richard Priestman Using the Bank of Canada to Fund Municipal Projects. Mr. Priestman documents numerous efforts made over the last decade to use this readily available, alternative, less expensive method of funding. No clear reason has ever been given by governments (federal, provincial, municipal) or by the Bank of Canada as to why this indeed may not be done! |
| Alistair
McConnachie Publicly Created Debt-Free Money: The Bromsgrove Group Mr. McConnachie outlines the U.K. Perspective. Terminology. Education. MP support growing! There seems nothing so simple to state, but so hard to accept: "...the government can create debt-free money, without borrowing from the banks, and it should do this because: It's the People's Money!" |
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