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	<title>Ben Dyson</title>
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	<description>Solutions to the Financial Crisis...</description>
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		<title>Blueprint for the Future: How Monetary Reform Can Change the World</title>
		<link>http://www.bendyson.com/blueprint-for-the-future-how-monetary-reform-can-change-the-world/2009/11/</link>
		<comments>http://www.bendyson.com/blueprint-for-the-future-how-monetary-reform-can-change-the-world/2009/11/#comments</comments>
		<pubDate>Tue, 03 Nov 2009 17:53:00 +0000</pubDate>
		<dc:creator>Ben Dyson</dc:creator>
				<category><![CDATA[Who Will Be Affected?]]></category>
		<guid isPermaLink="false">http://www.bendyson.com/?p=564</guid>
		<description><![CDATA[As a global society, we can have almost everything we can imagine. The ideas of scarcity, that ‘We can’t afford it’ or ‘It’s too expensive’, are hangovers from the last 100 years of economic thought. There are a few natural constraints that we need to pay attention to, of course, but it is time to [...]]]></description>
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		<slash:comments>9</slash:comments>
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		<title>The &#8216;People&#8217;s Bonus&#8217;: What Monetary Reform Means for You</title>
		<link>http://www.bendyson.com/the-peoples-bonus-what-monetary-reform-means-for-you/2009/11/</link>
		<comments>http://www.bendyson.com/the-peoples-bonus-what-monetary-reform-means-for-you/2009/11/#comments</comments>
		<pubDate>Tue, 03 Nov 2009 14:41:17 +0000</pubDate>
		<dc:creator>Ben Dyson</dc:creator>
				<category><![CDATA[Who Will Be Affected?]]></category>
		<guid isPermaLink="false">http://www.bendyson.com/?p=557</guid>
		<description><![CDATA[The media furor about banker&#8217;s bonuses continues. However, monetary reform would effectively create a &#8216;people&#8217;s bonus&#8217; of around £5,000 for every adult in the UK, at no cost to anyone. How is this possible? Surely there&#8217;s no such things as a &#8216;free lunch&#8217;? Well, yes, there is such a thing as a free lunch. Peter [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Some Predictions for the Future: Complete Collapse of the System</title>
		<link>http://www.bendyson.com/some-predictions-for-the-future-complete-collapse-of-the-system/2009/10/</link>
		<comments>http://www.bendyson.com/some-predictions-for-the-future-complete-collapse-of-the-system/2009/10/#comments</comments>
		<pubDate>Sun, 11 Oct 2009 18:45:16 +0000</pubDate>
		<dc:creator>Ben Dyson</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">http://www.bendyson.com/?p=539</guid>
		<description><![CDATA[By 2029, fractional reserve banking will be no more. The banking system will have been either replaced (by a system based on the proposals on this site), or it will have completely imploded. The rescue efforts of the UK, US and European governments have been fundamentally pointless &#8211; simply postponing the &#8216;final collapse&#8217; by a [...]]]></description>
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		<slash:comments>8</slash:comments>
		</item>
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		<title>Recommended: Steve Keen&#8217;s Debt Deflation</title>
		<link>http://www.bendyson.com/recommended-steve-keens-debt-deflation/2009/10/</link>
		<comments>http://www.bendyson.com/recommended-steve-keens-debt-deflation/2009/10/#comments</comments>
		<pubDate>Fri, 09 Oct 2009 14:27:48 +0000</pubDate>
		<dc:creator>Ben Dyson</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">http://www.bendyson.com/?p=530</guid>
		<description><![CDATA[Steve Keen is a university-based economist who is blessed with the power of independent thought! His &#8216;Debt Deflation&#8217; website explains what is really going on in the economy, with full economic and statistical analysis. I highly recommend it: http://www.debtdeflation.com/blogs/ It&#8217;s gradually becoming obvious that around 98% of university professors and government economists have got it [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Reform will Benefit the Pension Funds &amp; Asset Management Firms</title>
		<link>http://www.bendyson.com/reform-will-benefit-the-pension-funds-asset-management-firms/2009/10/</link>
		<comments>http://www.bendyson.com/reform-will-benefit-the-pension-funds-asset-management-firms/2009/10/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 16:37:38 +0000</pubDate>
		<dc:creator>Ben Dyson</dc:creator>
				<category><![CDATA[Who Will Be Affected?]]></category>
		<guid isPermaLink="false">http://www.bendyson.com/?p=525</guid>
		<description><![CDATA[Many people assume that reforming the banking system to prevent commercial banks creating money (through the fractional reserve banking system) will hurt the financial sector as a whole. After the recent crisis, it might be natural to Wall Street or the City as &#8216;the enemy&#8217;. However, the truth is that pension funds, asset management firms, [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>How Banks will be Affected by Reform</title>
		<link>http://www.bendyson.com/how-will-the-banks-be-affected-by-reform/2009/10/</link>
		<comments>http://www.bendyson.com/how-will-the-banks-be-affected-by-reform/2009/10/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 16:01:31 +0000</pubDate>
		<dc:creator>Ben Dyson</dc:creator>
				<category><![CDATA[Who Will Be Affected?]]></category>
		<guid isPermaLink="false">http://www.bendyson.com/?p=516</guid>
		<description><![CDATA[Because 97% of the money supply has been created by commercial banks through the &#8216;multiplier effect&#8217; of fractional reserve banking, the commercial banking sector is effectively charging interest on 97% of all the money supply in existence. The money supply in the US is around $14.6 trillion, and around £1.8trillion in the UK. Assuming that [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Clarification: The 100% Reserve Solution Doesn&#8217;t Require Banks to Hold 100% Cash</title>
		<link>http://www.bendyson.com/clarification-the-100-reserve-solution-doesnt-require-banks-to-hold-100-cash/2009/10/</link>
		<comments>http://www.bendyson.com/clarification-the-100-reserve-solution-doesnt-require-banks-to-hold-100-cash/2009/10/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 14:04:32 +0000</pubDate>
		<dc:creator>Ben Dyson</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">http://www.bendyson.com/?p=504</guid>
		<description><![CDATA[Some proposals that follow the 100% reserve solution specify that banks hold one physical unit of currency for every unit of currency paid in by depositors. For example, if I paid £100 into my current/checking account, and therefore hadn&#8217;t given the bank permission to loan the money out, the bank would be required to hold [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Progress in Congress: The American Monetary &amp; Financial Security Act</title>
		<link>http://www.bendyson.com/progress-in-congress-the-american-monetary-financial-security-act/2009/10/</link>
		<comments>http://www.bendyson.com/progress-in-congress-the-american-monetary-financial-security-act/2009/10/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 12:12:17 +0000</pubDate>
		<dc:creator>Ben Dyson</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">http://www.bendyson.com/?p=498</guid>
		<description><![CDATA[Lastest Update: 30th January 2010 In the next few months, legislation will be introduced into the US Congress proposing a reform to the banking system along the lines of that promoted on this site &#8211; in short, to prevent the private creation of money and to start creating money publicly for the benefit of the [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Objection: &#8220;It Will Lead To Corruption&#8221;</title>
		<link>http://www.bendyson.com/objection-it-will-lead-to-corruption/2009/09/</link>
		<comments>http://www.bendyson.com/objection-it-will-lead-to-corruption/2009/09/#comments</comments>
		<pubDate>Sun, 13 Sep 2009 11:47:47 +0000</pubDate>
		<dc:creator>Ben Dyson</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">http://www.bendyson.com/?p=474</guid>
		<description><![CDATA[Some critics of the reform argue that it creates a &#8216;massive concentration of power&#8217; with the government, which will lead to corruption. The Logic of The Argument The logic behind this argument is the following: if you allow the government to create a lot of money and spend it into the economy, there is the [...]]]></description>
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		<slash:comments>3</slash:comments>
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		<title>Objections: &#8220;The Reform Would Be Inflationary&#8221;</title>
		<link>http://www.bendyson.com/objections-the-reform-would-be-inflationary/2009/09/</link>
		<comments>http://www.bendyson.com/objections-the-reform-would-be-inflationary/2009/09/#comments</comments>
		<pubDate>Sat, 12 Sep 2009 14:36:16 +0000</pubDate>
		<dc:creator>Ben Dyson</dc:creator>
				<category><![CDATA[Objections]]></category>
		<guid isPermaLink="false">http://www.bendyson.com/?p=468</guid>
		<description><![CDATA[The risk of inflation is one of the most common knee-jerk responses to the suggestion that government should take responsibility for issuing the nation&#8217;s money supply. In reality, the risks of inflation would actually be less under the reformed system than they are today. The Logic of the Objection The logic of this argument is [...]]]></description>
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