IMF?s epic plan to conjure away debt and dethrone bankers ? So there is a magic wand after all. A revolutionary paper by the International Monetary Fund claims that one could eliminate the net public debt of the US at a stroke, and by implication do the same for Britain, Germany, Italy, or Japan. The IMF report says the conjuring trick is to replace our system of private bank-created money. ? Ambrose Evans-Pritchard/UK Telegraph
Dominant Social Theme:
Government should be in charge of money not the market.
Free-Market Analysis: The Telegraph?s Ambrose Evans-Pritchard has caught up to a working paper entitled ?The Chicago Plan Revisited? issued by IMF staff members Jaromir Benes and Michael Kumhof.
Full story, further links and the IMF paper here[You really need to go to main truth-wars story, read then follow links to fully understand this]
