Deception Dollar

The American Monetary Institute (AMI) will host its 6th Annual AMI Monetary Reform Conference featuring many of the world’s finest experts and actors on financial reform from September 30th through October 3rd at the University Center in Chicago.

The solution to American financialization is straightforward. One need not be a policy wonk nor a Wall St. insider to understand and take action upon the simple concept of monetary power. Today, the power to conceive new money is largely concentrated in few private hands. Yet Article I, §8 of the Constitution reads “The Congress shall have Power…To coin Money, regulate the Value thereof, and foreign Coin, and fix the Standard of Weights and Measures.” Were these powers to be monopolized by Congress, the root of the nation’s systematic monetary and fiscal problems would be eliminated. The American Monetary Institute has authored the American Monetary Act, which would implement three key reforms- nationalizing the Federal Reserve, eliminating the private sector’s ability to create money, reclaiming the government’s ability to create money and invest it in infrastructure, including people. Founder of the American Monetary Institute, Stephen Zarlenga, details the reforms in the last chapter of his book The Lost Science of Money- the Mythology of Money and the Story of Power.

The Annual AMI Monetary Reform Conference has served to further the discussion of solutions to the debt based monetary system since its inception in 1996. Mr. Zarlenga will open with a presentation of AMI’s recent work. Other notable speakers include - top Australian monetary economist Steve Keen, recipient of the inaugural (Paul) Revere Award for giving an early warning (2005) of the present debt-deflation collapse, who will discuss How Central Banks and Banking Systems Really Work; Prof. Michael Hudson, author of Super Imperialism: The Economic Strategy of American Empire and Global Fracture, editor of Debt and Economic Renewal in the Ancient Near East, distinguished Professor of Economics, University of Missouri, the first to publicly identify the mechanism of “Dollar Imperialism” through the U.S. balance of payments deficits, who will speak on Recent Developments in Iceland and Latvia and their Implications for Europe and America; Dr. Michael Clark, of the United Nations, instrumental in the recent issue of 240 billion new SDRs by the International Monetary Fund, though they had only issued 21 billion of them since inception in January 1970, who will speak on the International Implications of Monetary Reform; Richard C. (Rick) Cook, a former federal government analyst, author of We Hold These Truths: The Hope of Monetary Reform, who will speak on the Democratization of the Monetary System. Speakers and panels will explore a number if issues and facets of monetary reform including understanding money creation, banking, the current international situation with a focus on Brazil, Britain, Latvia, and Iceland, actions and strategies for genuine reform, monetary effects on health and nutrition, countering lies.

See the entire schedule and description of speakers, talks, panels at the America Monetary Institute’s website. A recent interview with Stephen Zarlenga on Carol Brouillet’s weekly Community Currency radio show is posted here. Pre-registration via the website is required and those who register must also contact the AMI by email or telephone - ami@taconic.net or (224) 805-2200.