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Wednesday, April 27, 2016

Revenge of the Vikings — Iceland Will Create Its Own Money

http://csglobe.com/revenge-vikings-iceland-will-create-money/

Who knew that the revolution would start with those radical Icelanders?
One Frosti Sigurjonsson, a lawmaker from the ruling Progress Party, issued a report that suggests taking the power to create money away from commercial banks, and hand it to the central bank and, ultimately, Parliament.
Can’t see commercial banks in the western world be too happy with this. They must be contemplating wiping the island nation off the map. If accepted in the Iceland parliament, the plan would change the game in a very radical way.

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