Iceland's government said Tuesday it would consider a revolutionary monetary proposal removing the power of commercial banks to create money and handing it to the central bank. Under the so-called Sovereign Money proposal, the country's central bank would become the only creator of money.

http://ift.tt/19ImL45



Submitted April 01, 2015 at 02:19PM by Libertatea http://ift.tt/1I3N8Az