~ ~ ~

Monetary Solutions Overview

The solutions outlined are either actual working solutions or solutions that we, The Center for American Studies at Concord and our Advisory Circle, are confident will work — once the solutions are brought to the public attention. That is an essential purpose of this web site. Of note is the fact that ideology, of any sort, is not a consideration with respect to the solutions. The consideration is the solutions' simple, straightforward, common sense — an enlightened common sense, we suggest. 

Proposed solutions are invited at < info@brettonwoodsiv.org >. As outlined in the following: i) designate the heading for your solution (e.g. Public Regulations); ii) note the title of your solution and your affiliation; iii) send a concise paragraph summary of the solution, along with iv) a link that elaborates on the summary, goes into the specific details.

I. Public Regulations 

Increasing public regulations over the current private money creation system is the primary solution that is discussed by the mainstream media. 

  1. “The Minneapolis Plan”
    Prepared by the Federal Reserve Bank of Minneapolis
  2. A New International Monetary System
    A global trade & capital clearing union proposed by Greece's former finance minister.

II. Public Money

In the United States, Franklin’s colonial script, President Lincoln's "Greenbacks," and President Kennedy's Silver Certificates represent what many have considered successful efforts toward public money creation, as outlined in Article 1, Section 8, Paragraph 5 of the United States Constitution: “Congress shall have the power to coin money; [and] regulate the value thereof”. Globally, public banks make up 25% of banks.  

  1. The State Bank of North Dakota
  2. Public Banks
    Prepared by The Institute for Public Banking
  3. A Proposal Designed to Stabilize the Monetary System
    Prepared by the Somist Institute

III. Complementary Currencies

Complementary currencies have existed in different forms since the dawn of time. They have been, and remain, a mainstay of our economies.

  1. Examples of complementary currencies around the world 
    Prepared by Bernard Lietaer, one of the architects of the Euro.

IV. Peripheral Economy

The essence of the peripheral economy is a change in the behavior of all businesses. Instead of offering 100% of their production to be sold against normal (central) currencies, they keep a part of their own production to pay their employees and suppliers (the internal consumption of economic actors). This payment becomes a "currency" that can be exchanged worldwide.  

  1. www.peripheraleconomy.org