1. EachPod

Popular Scriptural Money, State of the Art

Author
Mana Bond Limited
Published
Sat 19 Oct 2024
Episode Link
https://podcasters.spotify.com/pod/show/mana-bond-limited/episodes/Popular-Scriptural-Money--State-of-the-Art-e2pssah

The podcast explores an initiative of Italian citizens who oppose the clandestine creation of money by banks, arguing that banks should act as intermediaries instead of creating money. They propose an alternative payment method through the creation of scriptural euros via certified electronic mail (PEC) to avoid the use of bank money. The article analyzes the legal and historical motivations supporting this position, comparing the current system with the monetary system used during the American occupation of Italy. The author highlights the difficulties encountered by citizens in obtaining recognition of this form of payment by authorities and banks, arguing that the current banking system threatens the monetary sovereignty of the state and economic stability.

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