This measure would go a long way toward elevating economic
difficulties in so many hardpressed countries. Once all these debts were
dissolved it would be necessary to ensure a similar situation did not
again develop. Perhaps this would mean dissolving the IMF and the World
Bank and replacing them with an international organization whose mandate
was to ensure equitable distribution of what is truly valuable to the
peoples of the world - food and shelter.
Monetary systems are not based on anything of intrinsic value, more and
more it is all just information being sent over phone lines. Wouldn't it
be grand if we could do away with all of that and get back to basics.
-Ann Marie Weirzbicki