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The Euro-Crisis and Why the Only Possible Solution, Proposed by the RE-Institute, is Unmentionable
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The Euro-Crisis and Why the Only Possible Solution, Proposed by the REInstitute, is Unmentionable
The only economically sound solution to the Euro crisis is being totally
ignored.
Economists don?t want to talk about it; politicians are...
[More]
The Euro-Crisis and Why the Only Possible Solution, Proposed by the REInstitute, is Unmentionable
The only economically sound solution to the Euro crisis is being totally
ignored.
Economists don?t want to talk about it; politicians are oblivious to
its existence; and the media is strangely silent about it.
It is based on the
100% reserve regime, which is not a novel idea by any means.
It was proposed
long after the Great Depression (1930s) by several of the top economists of the
20th century, including Irving Fisher and Milton Friedman.
Denver, CO, June 05, 2012 -- From the perspective of Reformed Economics, the
Euro crisis is a result of a faulty monetary system.
Dr.
J.
Moromisato,
founder/director of the Reformed Economics Institute has a Ph.
D.
in High Energy
Physics and a M.
A.
in Economics.
He has developed Reformed Economics and written
four books about it; he is a member of the American Economic Association.
What
follows is his contribution to the solution of the Eur
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bank,
based,
central,
crisis,
economics,
economists,
euro,
financial,
friedman,
lend,
means,
monetary,
money,
reformed,
reserve,
solution,
system