Check out this blog for details of my new website due to go live next week.
In addition to writing new books, I also hope to do regular reports from Berlin, Germany, where I have taken up residence after leaving Austria this summer.
The capital of Europe’s most powerful economy, the decisive player in the euro crisis, the historical focal point of totalitarianism in Europe, Nazism, Communism (DDR), the headquarters of Germany’s most powerful propaganda media group, the Axel Springer Verlag, with its “Ground of Lies”, a hotbed of creativity and new ideas, Berlin is certainly an interesting place.
Read about it on my Other Berlin blog.
I hope to give reports on what life here in Berlin and Germany is like but the focus of my journalistic activity will be on the new Chicago Plan and the need for a switch from private to public money presented by IMF economists this summer.
„One could slash private debt by 100pc of GDP, boost growth, stabilize prices, and dethrone bankers all at the same time. It could be done cleanly and painlessly, by legislative command, far more quickly than anybody imagined,” writes Ambrose Evans-Pritchard souding surprisingly like me.
“The conjuring trick is to replace our system of private bank-created money — roughly 97pc of the money supply — with state-created money. We return to the historical norm, before Charles II placed control of the money supply in private hands with the English Free Coinage Act of 1666.”
Specifically, it means an assault on “fractional reserve banking”. If lenders are forced to put up 100pc reserve backing for deposits, they lose the exorbitant privilege of creating money out of thin air,“ he writes.
We are facing the same bankster engineered crisis as in the 1930s – only this time Europe, and Germany, must find a civilized and rational solution and not succumb to dictatorship and murderous wars.
Check this blog next week for details of my new website.