Wednesday, October 2, 2013

PLAN 'B' AMERICA?


Lars Schall meets Bernard Lietaer: In this exclusive video interview, the internationally renowned currency expert Lietaer, who has worked in many different functions in the world of money, advocates an upgrade of our monetary paradigm as a systemic solution to the financial crisis. The monopoly of a single currency in favor of the banking system must be eradicated. Diversity must substitute globally expended monoculture.

By Lars Schall
Bernard Lietaer, who was born in 1942 in Belgium, is an international expert in the design and implementation of currency systems. He has studied and worked in the field of money for more than thirty-five years in a broad range of capacities: as a central banker, fund manager, university professor, and consultant to numerous governments, multinational corporations, and community organizations.

With the publication of his post-graduate thesis at MIT in 1971 (which included a description of “floating exchanges”) and the Nixon Shock of that same year which eradicated the Bretton Woods system by suspending the link of the US dollar to gold, the techniques that he had developed were overnight the only systematic research which could be used to deal with all of the major and marginal currencies of the world.


Bernard Lietaer co-designed and implemented the convergence mechanism to the single European currency system and served as president of the Electronic Payment System at the National Bank of Belgium. He co-founded and managed GaiaCorp, one of the largest and most successful currency management firms in the world. In this capacity he was named by Business Week in the early 1990’s the world’s best currency trader.

I have met Mr. Lietaer recently in Germany in order to talk with him about the great mystery in everybody’s life: money.

A former professor of International Finance at the University of Louvain, Lietaer has also taught in the past at Sonoma State University and Naropa University. He is currently a Research Fellow at the Center for Sustainable Resources of the University of California at Berkeley and Visiting Professor at the Finance University in Moscow.

The monetary system as we know it today is considered by most as a constant, even regarded as God-given. Bernard Lietaer, however, shows that there have been throughout history entirely different systems. He is the author / co-author of many books on the subject of money, among them “The Future of Money: Beyond Greed and Scarcity” (Random House, 2001) and “Money and Sustainability: The Missing Link” (Triarchy Press, 2012).
 

1 comment:

  1. The fifth plank of the Communist Manifesto calls for "Centralization of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly.
    This is the problem; "Exclusive Monopoly" In which Bernard Lietaer refers to.
    More importantly is how to fix this problem...
    I believe the problem lies with the UN.

    Our enemy's success all stems from the ignorance, delusion, and lack of understanding of the American people. If good Americans gain a proper understanding of what is happening, our problems can be resolved within the institutions that George Washington and others fought to give us.
    If the people don't gain the understanding to choose better leaders and hold their politicians accountable to the Constitution, they cannot expect to improve their government through revolution. In fact, just the opposite would happen. What is needed instead is to use the resources and the freedoms we have to inform our fellow citizens and put the government our Founding Fathers gave us back on track.

    But for success in the educational battle ahead, we do need to find the same spirit of patriotism and determination that Patrick Henry captured so well in his previously mentioned "Give Me Liberty or Give Me Death" oration:
    If we wish to be free — if we mean to preserve inviolate those inestimable privileges for which we have been so long contending — if we mean not basely to abandon the noble struggle in which we have been so long engaged, and which we have pledged ourselves never to abandon until the glorious object of our contest shall be obtained — we must fight! I repeat it, sir, we must fight!! An appeal to arms and to the God of Hosts is all that is left us!
    http://www.bibliotecapleyades.net/sociopolitica/un_exposed/un_exposed14.htm

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