There is a real, viable, proven in the USA, alternate monetary system that benefits the people not the bankers. We need to end fractional reserve banking. The government should issue debt free money by spending it into existance (roads, schools…) instead of private banks printing it out of ‘thin air’ as debt with interest. All this means is that banks must lend out money that actually have, not just what they create out of thin air, like credit unions. This way there would be no national debt, no interest payments on that debt.All countries need to end fractional reserve banking. We need to issue debt free money instead of debt based money.The Cyprus government steals from the people and now the blame is being shifted to the successful business people. Typical Leftist tactic.
