Get rid of banks and build up a modern financial world!

From the
17th Workshop on Alternative Economic Policy in Europe

The financial crisis has revealed fatal institutional and structural deficits at the finance market.
Politics has reacted to the financial crisis with a sea of legal bills and regulations. But all regulating efforts are merely system-imminent reparation measures and do not solve the core problems. For this, a fundamental financial reform is needed. This article analyzes the finance system’s shortcomings, documents the reform approaches from the past three years, and designs a
base structure for modern finance architecture without banks.

Here the article link:

www2.euromemorandum.eu/uploads/ws2_lenz_get_rid_of_banks_and_build_up_a_modern_financial_world.pdf

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