Credit Crisis? Cash Crumble is the Reality!

Credit Crisis? Cash Crumble is the Reality! See http://tinyurl.com/666rwd from a UK perspective Sabine K McNeill

Time, Money & Growth Time is Money Growth Green Credit for Green Purposes Green Credit for Green Growth Forum for Stable Currencies Archive Site Measuring

Compound Interest
The problem is the exponential growth of compounding interest on interest
Starting with the National Debt , i.e. Governments borrowing money
Increased by mortgages, i.e. households borrowing
Exacerbated by stock exchanges and trading shares
Continued with corporate and private borrowings
Exponential growth works equally for debts and profits

Money & Currencies
Private Currencies
LETS
Local Exchange Trading Systems
Green Money Network
LETS membership
Meetings at LSE
Professional Barter
B - 2 - B
National Currencies
National Debt (UK)
Est. 1694
Debt Management Office est. 1996
Nation States
Borrowing
Taxing
Campaign for Interest-Free Money
Forum for Stable Currencies
Global Table

Cash & Credit
Good Money
Issued by States
Interest free
Notes
Coin
Cash : Credit Ratio
1945: 48% : 52%
1968: 29% : 71%
2008: 3% : 97%
Bad Money
Issued by Central Banks & Banks
Interest bearing
Wholesale
Monetary & Financial Institutions (MFIs)
Private Non-Financial Corporations (PNFCs)
Other Financial Corporations (OFCs)
Retail
Consumer Credit

Credit = Trust
Good Credit
Mutual Credit
LETS
Credit without collateral
Microcredit
Grameen Bank
Bad Credit
National Debt
unrepayable
Development Loans
Currency instabilities
Mortgages
Variable interest rates
inflation

The National Debt
Good Money
The 3 rd Way
Public Credit
Bad Money
Monetary Reform
Money as Debt video

Treasury Select Committee
Examines the expenditure, administration and policy of
HM Treasury
HM Revenue & Customs
Associated public bodies
Bank of England
Financial Services Authority
‘ Green Credit’ for Green Purposes Changing the Cash : Credit Ratio of the Money Supply to Ameliorate Climate Change A Response to the Inquiry of the Treasury Select Committee into Climate Change and the Stern Review Sabine K McNeill Organiser Forum for Stable Currencies 21a Goldhurst Terrace NW6 3HB T 020 7328 3701 – M 07968 039 141 [email_address] www.greencredit.org.uk

Stop the Cash Crumble!
Our online petition targeted at the Treasury Select Committee
http://tinyurl.com/666rwd
By November 22 nd , 2008 137 Signatures > 3170 Page views

Digital Money
The Future is Digital – a WIRED interview with a powerful banker in 1997, still valid now
Electronic Money: Flop or a New Run-Up?
Complementary Currencies as the Sane Alternative

Online Activities
Blogs
Bombs
Green Credit
Green Growth
Yunusphere
Forum News
3D Metrics
Times Online
Guardian Online
Daily Mail
Petition(s)
GoPetition
Public Credit Petition
http://tinyurl.com/666rwd
No. 10
Public Petitions
via MP
Petition Bag
Presentation
E-Petitions
Procedure Committee

Contact
sabine at 3dmetrics.co.uk
http://forumforstablecurrencies.org.uk

Credit Crisis? Cash Crumble is the Reality!

by Sabine McNeill on Nov 22, 2008

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Credit Crisis? Cash Crumble is the Reality! — Presentation Transcript