This book lays out an action plan with some room for improvisation. Will we have the courage to act? Kicking the proverbial can down the road feels easy in the moment but can lead to devastating consequences. The point of a system redesign is to acknowledge we have a broken monetary system, that has drifted far away from serving “We the People” . There is a growing recognition, even within the Federal Reserve, that something is wrong. The needed actions described here on money and banking can restore a better balance for all. With knowledge there is true power.
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The authors of this book include the former Chief Economist of the Bank for International Settlements, a former member of the President’s Council of Economic Advisers, the globally most read weekly economic commentator, and others well able to analyze key issues and present solutions.