Dear Mr. President!
As rightly noticed many leading politicians and public figures - what is happening in the world, is not only a crisis of financial-economic system, but also in crisis, or rather the collapse, the existing system of values.
Competently carried out monetary policy is a key factor for economic development. In recent decades there have been radical changes in Sayama essence of money - money today no longer provide the "gold standard". Meanwhile, the principles of movement and distribution of cash flows had remained unchanged. In accordance with the laws of monetarism, to sustain the cash flow, increase the money supply must match growth in gross domestic product (GDP) . Practically, this means that the modern banking and credit system, providing loans (investing) the cash equivalent of the GDP, traded by the GDP. That is, in fact banks are selling because they do not belong. This financial system is contrary to moral and ethical principles and the very spirit of the laws of the human community.
The absurdity of the current economic system is that it has transformed society into a means for business development. The fact that such a system inevitably leads to financial and economic crises, it is a good thing because it is in crisis there is a real opportunity for critical analysis and review of the existing flawed system of values. In order to understand - what is happening and what to do next, it is necessary to turn the situation upside down and relate to the economy not as an end in itself but as a tool to solve tactical problems.
In the block of articles in «Economics and common sense», posted http://roial111.livejournal.com/ to describe specific and effective financial mechanisms to ensure the creation of a new, improved socio-economic system in which economic progress and prosperity of society will depend, to a greater extent not on the amount of natural resources and not on the volume of gold reserves, and the quality of human creative potential. Refusing at the time of the «gold standard», banking institutions themselves is a predetermined course of events.