Riesl on Nostr: Exactly. Global deficit AND surplus regulatory mechanisms through a central bank that ...
Exactly.
Global deficit AND surplus regulatory mechanisms through a central bank that treats every nation as equal, not an IMF run by some handful of arbitrarily privileged "G20" ruler countries that have "special" drawing rights. Even Keynes's original proposal gave US and Great Britain too much power by electing them the reserve currencies. His bancor plan with equal members would be fair and would change everything in a sustainable, peaceful way.
Kyle Montanio (npub165c…tdlq)
Global deficit AND surplus regulatory mechanisms through a central bank that treats every nation as equal, not an IMF run by some handful of arbitrarily privileged "G20" ruler countries that have "special" drawing rights. Even Keynes's original proposal gave US and Great Britain too much power by electing them the reserve currencies. His bancor plan with equal members would be fair and would change everything in a sustainable, peaceful way.
Kyle Montanio (npub165c…tdlq)