Rick Cook on Monetary Reform

Former Treasury Department official Rick Cook says America has two economies in crisis: the “producing” economy and the “financial” economy. He advocates replacing a bank centered monetary system with money created directly by the Federal Government. How does the U.S. recover with trillions of dollars in debt? Hear his suggestions.

Resources:

www.monetary.org

Category:

Nonprofits & Activism

Tags:

• rick_cook
• economy
• debt
• monetary

[TheBalancedRepublic]

For those of you that see our government is not representing us, we think there are solutions that could cut out "special" interests. If you think true representation is important and you have an open mind, google us. Since this is new, only thoughtful forward thinking people will be interested. Our country needs your energy and imagination.

[Djw0071]

it needs to be created and extinguished at the same rate. If people made their own money inflation would ruin the value of it. Government can regulate the creation of money and spend it into the economy at the exact rate that the money is extingished. Down with Debt! Yes to monitary reform!

[individualtaxdebtrel]

makes us think, not indifferent.

[eiffuy]

Money needs to be created by the people themselves... not necessarily the government.