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Scoop.it!
An Iceland lawmaker proposes abandoning the the banking system as we know it. 
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Scoop.it!
Who knew that the revolution would start with those radical Icelanders? It does, though. One Frosti Sigurjonsson, a lawmaker from the ruling Progress Party, issued a report today that suggests taking the power to create money away from commercial banks, and hand it to the central bank and, ultimately, Parliament.
Scoop.it!
An Iceland lawmaker proposes abandoning the the banking system as we know it.
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Scoop.it!
By Ed Mayo Iceland suffered first from the crash of financial markets and is perhaps first to champion the cause of a new financial system. A proposal commissioned by the Prime Minister of Iceland, authored by Frosti Sigurjonsson argues for a new system of money, created at source by the state rather than the banking …
Scoop.it!
Last Tuesday an Icelandic Member of Parliament and the Chairman of the Committee for Economic Affairs and Trade, Frosti Sigurjonsson, published a report calling for the Icelandic government to consider removing the power to create money from...
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