I've re-read, by skim reading in some cases, all of the earlier posts within this thread - so that goes back over the past 4 years or thereabouts.
Many, many contributors have pointed out the multitude of problems, issues etc but no one has managed to even start to produce any coherent solution(s).
Such is the way of mankind and his/her endeavours.
Meanwhile, here is another statement of the problem (it's not clear if it pre-dates or follows on from the great banking crash of the worldwide depression - most likely the former).
"Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take away from them the power to create money, and all the great fortunes like mine will disappear, and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money.
~ Josiah Stamp – Bank of England Chairman, 1920s"
http://www.peakprosperity.com/blog/8...kers-own-world
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Dave
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