Bill Still lays it out for all to see in this speech. He explains the banks' and governments' roles in our current economic crisis and shows the only true way out of this mess.
As far as he is concerned the UK's austerity package is doomed to failure, not because we should be spending more of our future, but because true monetary reform is the only way forward. And neither the coalition nor Labour will grasp this nettle!
Speaking at the Bromsgrove Monetary Reform Conference Bill Still (producer of the highly acclaimed The Money Masters) lays into the powers that be. His ideas for monetary reform? Simply to end fractional reserve banking, prevent governments from borrowing money and give back the power to create money to the only entity that should have that power, the sovereign nation state itself not the banks.
More on monetary reform can be found HERE and on Bill Still and the Secret of Oz.