Stephen Yearwood
1 min readJul 31, 2020

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First of all, thank you for such an interesting and informative post.

In the contemporary central-bank monetary paradigm all money is created via debt. Interest is in effect a tax paid by society to the private banking system for the money society needs for its economy to function. I have developed an alternative monetary paradigm that would supply money for the economy without involving debt of any kind. It can be adopted by any nation for its existing economy (with a single legislative Act). Its further positive outcomes for society are completely astonishing.

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Stephen Yearwood
Stephen Yearwood

Written by Stephen Yearwood

M.A. in political economy (money/distributive justice) "Please don't confront me with my failures/ I'm aware of them" from "These Days," as sung by Gregg Allman

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