"It’s the monetary system which must be changed to end the fiscal crisis, .....

the only institutions that can create money without debt are national treasuries and/or central banks" .........

"We don’t want to put the government into the banking business – we want to get the banks out of the money creation business!" – Dick Distelhorst

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Historical experience has taught us what we need to do:

1. Put the Federal Reserve System into the U.S. Treasury.

2. Stop the banking system creating any part of the money supply. 3. Create new money as needed by spending it on public infrastructure, including human infrastructure, e.g. education and health care.

These 3 elements must all be done together, and are all in draft legislative form as the proposed American Monetary Act (read it here: http://www.monetary.org/amacolorpamphlet.pdf).

Genuine monetary reform is the solution to the nation’s fiscal problems, and that can only be achieved at the national level.

 The American Monetary Institute is sponsoring the 5^{th annual Monetary Reform Conference at Roosevelt University in Chicago, September 24-27, 2009, to bring together the best minds to get done what has to be done.}