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Deeper Roots of World Financial Crisis And Necessary Consequences 3/3

Part 3/3
German Professor Bernd Senf, a harsh critic of the Fed, outlines two major reasons of big economic crises, the way money is issued and the interest rate system. At the same time that means he is no supporter of gold standard or Austrian school of Economics but one of the ideas of Silvio Gesell and the idea of a “Monetative”. In this speech the focus is more on the interest rate system. His ideas are pooled in this pdf:

http://webinformation.at/material/debtmoney.pdf

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Tags: Bernd, Dollar, ECB, Economy, Euro, More…Fed, Gesell, Senf, Silvio, bank, crash, crisis, economic, financial, fractional, freemoney, interest, monetary, monetative, money, reserve, speech, system
 Location: Germany (Show Map)

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