Download European Monetary Reform: A Plan for the Liquidation of Central Government Debt and the Financial Rehabilitation of the Eurozone ebook

Details

Paperback: 122 pages
Publisher: CreateSpace Independent Publishing Platform (June 8, 2010)
Language: English
ISBN-10: 9781453620212
ISBN-13: 978-1453620212
ASIN: 1453620214
Product Dimensions: 6 x 0.3 x 9 inches
Amazon Rank: 17774073
Format: PDF ePub TXT ebook

The key elements of the plan are to (1) monetize the Eurozone's central governments' debts for conversion into equity capital of banks' (Monetary Financial Institutions)' equity capital; (2) raise the MFIs' minimum reserve requirements on deposits; (3) divide MFIs into deposit taking institutions, and into lending institutions; (4) disband deposit insurance corporations. Austerity programs, crippl...

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