Real Solutions to the Financial Crisis
There is an easy solution to the financial crisis, but it involves exposing a problem that governments and economists have ignored for decades.
Much of the poverty in the world is due to the design on the banking system used in most countries, which allows 97% of money to be created by profit-making banks, and only 3% of money to be created by the government. Money created by the banks benefits the banks; money created by the government benefits everyone. This might sound difficult to believe at first, but it is accurate.
If we change this system so that money can only be created by the government (acting on behalf of the people), we could:
- phase out national debt and significantly reduce corporate and consumer debts (in both the US and the UK)
- reduce taxes by around 30%, permanently, or increase government services with no increase in taxation
- find the money needed to solve the energy crisis
- enjoy higher disposable income, or take more time off from work
- avert the oncoming pensions crisis
- wipe out the debt of poverty-stricken nations
- Save 60% on the cost of public infrastructure projects (such as schools, hospitals and public transport), by removing the need to borrow this money and pay interest over 30 years
We are currently standing at a fork in the road. One road leads to poverty for almost everyone, while the other leads to greater wealth for everyone. Politicians and economists are taking us down the road to poverty, because they don’t know that any other option exists. If we want them to change track, and do everything that is listed above, then we – the public – need to show them that the other road does exist.
Start by reading A Quick Introduction to the Real Cause of the Crisis for a beginner-friendly explanation of the problem, the consequences, and the solution to the recent financial crisis. If you want to see the solution in more detail, read the Layperson’s Guide to the Reform to find out, in plain English, exactly what changes we need to turn around the economy and end 500 years of a defective banking system. Economists and banking-experts should read The Reform in Detail to see exactly what changes need to be made to the banking system in order to achieve the results above. Be warned that it’s a little technical! This is currently been put into draft legislative form by a qualified legislative lawyer and will be released soon.
LATEST: UK Reform Campaign Starts in March – We Need Volunteers
We will be launching a UK-wide publicity campaign to inform the public of the need for monetary reform. We’re pulling together experts in every field to ensure that this campaign will be the one that leads to real reform.
We need volunteers – if you want to get involved in any way, please contact me at ben [at] bendyson [dot] com. Find more details here.
Also, Progress In US House of Congress
The American Monetary Institute’s proposed legislation, which implements reforms very similar to those proposed on this site, will be introduced to the US House of Congress within the next few months. Full details here

