Credit Crisis? Cash Crumble is the Reality!


Published on

Twelve slides in response to the Credit Crisis in the 30 slides competition - but after the event and from a UK perspective.

Published in: Economy & Finance, Technology
1 Comment
  • How nice of you to say so, Ezan! I just wanted to be present rather than do the best possible job.

    And I'm glad I found your references to the importance of inspirations on the way!!!
    Are you sure you want to  Yes  No
    Your message goes here
  • Be the first to like this

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide
  • t
  • Credit Crisis? Cash Crumble is the Reality!

    1. 1. Credit Crisis? Cash Crumble is the Reality! See from a UK perspective Sabine K McNeill
    2. 2. Time, Money & Growth Time is Money Growth Green Credit for Green Purposes Green Credit for Green Growth Forum for Stable Currencies Archive Site Measuring
    3. 3. Compound Interest <ul><li>The problem is the exponential growth of compounding interest on interest </li></ul><ul><ul><li>Starting with the National Debt , i.e. Governments borrowing money </li></ul></ul><ul><ul><li>Increased by mortgages, i.e. households borrowing </li></ul></ul><ul><ul><li>Exacerbated by stock exchanges and trading shares </li></ul></ul><ul><ul><li>Continued with corporate and private borrowings </li></ul></ul><ul><li>Exponential growth works equally for debts and profits </li></ul>
    4. 4. Money & Currencies <ul><li>Private Currencies </li></ul><ul><li>LETS </li></ul><ul><ul><li>Local Exchange Trading Systems </li></ul></ul><ul><ul><li>Green Money Network </li></ul></ul><ul><ul><li>LETS membership </li></ul></ul><ul><ul><li>Meetings at LSE </li></ul></ul><ul><li>Professional Barter </li></ul><ul><ul><li>B - 2 - B </li></ul></ul><ul><li>National Currencies </li></ul><ul><li>National Debt (UK) </li></ul><ul><ul><li>Est. 1694 </li></ul></ul><ul><ul><li>Debt Management Office est. 1996 </li></ul></ul><ul><li>Nation States </li></ul><ul><ul><li>Borrowing </li></ul></ul><ul><ul><li>Taxing </li></ul></ul><ul><ul><li>Campaign for Interest-Free Money </li></ul></ul><ul><ul><li>Forum for Stable Currencies </li></ul></ul><ul><ul><li>Global Table </li></ul></ul>
    5. 5. Cash & Credit <ul><li>Good Money </li></ul><ul><li>Issued by States </li></ul><ul><ul><li>Interest free </li></ul></ul><ul><ul><ul><li>Notes </li></ul></ul></ul><ul><ul><ul><li>Coin </li></ul></ul></ul><ul><li>Cash : Credit Ratio </li></ul><ul><ul><li>1945: 48% : 52% </li></ul></ul><ul><ul><li>1968: 29% : 71% </li></ul></ul><ul><ul><li>2008: 3% : 97% </li></ul></ul><ul><li>Bad Money </li></ul><ul><li>Issued by Central Banks & Banks </li></ul><ul><ul><li>Interest bearing </li></ul></ul><ul><ul><li>Wholesale </li></ul></ul><ul><ul><ul><li>Monetary & Financial Institutions (MFIs) </li></ul></ul></ul><ul><ul><ul><li>Private Non-Financial Corporations (PNFCs) </li></ul></ul></ul><ul><ul><ul><li>Other Financial Corporations (OFCs) </li></ul></ul></ul><ul><ul><li>Retail </li></ul></ul><ul><ul><ul><li>Consumer Credit </li></ul></ul></ul>
    6. 6. Credit = Trust <ul><li>Good Credit </li></ul><ul><li>Mutual Credit </li></ul><ul><ul><li>LETS </li></ul></ul><ul><li>Credit without collateral </li></ul><ul><ul><li>Microcredit </li></ul></ul><ul><ul><li>Grameen Bank </li></ul></ul><ul><li>Bad Credit </li></ul><ul><li>National Debt </li></ul><ul><ul><li>unrepayable </li></ul></ul><ul><li>Development Loans </li></ul><ul><ul><li>Currency instabilities </li></ul></ul><ul><li>Mortgages </li></ul><ul><ul><li>Variable interest rates </li></ul></ul><ul><ul><li>inflation </li></ul></ul>
    7. 7. The National Debt <ul><li>Good Money </li></ul><ul><li>The 3 rd Way </li></ul><ul><ul><li>Public Credit </li></ul></ul><ul><li>Bad Money </li></ul><ul><li>Monetary Reform </li></ul><ul><ul><li>Money as Debt video </li></ul></ul>
    8. 8. Treasury Select Committee <ul><li>Examines the expenditure, administration and policy of </li></ul><ul><ul><li>HM Treasury </li></ul></ul><ul><ul><li>HM Revenue & Customs </li></ul></ul><ul><ul><li>Associated public bodies </li></ul></ul><ul><ul><ul><li>Bank of England </li></ul></ul></ul><ul><ul><ul><li>Financial Services Authority </li></ul></ul></ul>‘ 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]
    9. 9. Stop the Cash Crumble! <ul><li>Our online petition targeted at the Treasury Select Committee </li></ul><ul><li> </li></ul>By November 22 nd , 2008 137 Signatures > 3170 Page views
    10. 10. Digital Money <ul><li>The Future is Digital – a WIRED interview with a powerful banker in 1997, still valid now </li></ul><ul><li>Electronic Money: Flop or a New Run-Up? </li></ul><ul><li>Complementary Currencies as the Sane Alternative </li></ul>
    11. 11. Online Activities <ul><li>Blogs </li></ul><ul><li>Bombs </li></ul><ul><li>Green Credit </li></ul><ul><li>Green Growth </li></ul><ul><li>Yunusphere </li></ul><ul><li>Forum News </li></ul><ul><li>3D Metrics </li></ul><ul><li>Times Online </li></ul><ul><li>Guardian Online </li></ul><ul><li>Daily Mail </li></ul><ul><li>Petition(s) </li></ul><ul><li>GoPetition </li></ul><ul><ul><li>Public Credit Petition </li></ul></ul><ul><ul><li> </li></ul></ul><ul><li>No. 10 </li></ul><ul><li>Public Petitions </li></ul><ul><ul><li>via MP </li></ul></ul><ul><ul><ul><li>Petition Bag </li></ul></ul></ul><ul><ul><ul><li>Presentation </li></ul></ul></ul><ul><ul><li>E-Petitions </li></ul></ul><ul><ul><ul><li>Procedure Committee </li></ul></ul></ul>
    12. 12. Contact <ul><li>sabine at </li></ul><ul><li> </li></ul>