Bretton Woods Monetary Institute & Festival

“The aim of the Bretton Woods Conference was the creation of a dynamic world community
in which the peoples of every nation will be able to realize their potentialities in peace.”

Henry Morgenthau, Chairman 1944 Bretton Woods Conference & United States Secretary of the Treasury.

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Monetary Solutions Overview

The solutions outlined are either actual working solutions or solutions that we are confident can work — once the solutions are brought to the public’s attention. That is an essential purpose of this web site. Of note is the fact that ideology, of any sort, is not a consideration with respect to the solutions. The consideration is the solution’s simple, straightforward, common sense — an enlightened common sense, we suggest, that is most aptly characterized by the German translation of the phrase: gesunder Menschenverstand/a healthy human understanding. 

Proposed solutions are invited at < info@brettonwoods.us > As outlined in the following: i) designate the heading for your solution (e.g. Public Regulations); ii) note the title of your solution and your affiliation (e.g. “The Minneapolis Plan,” Prepared by the Federal Reserve Bank of Minneapolis); iii) send a concise paragraph summary of the solution (examples follow), along with iv) a link that elaborates on the summary, goes into the specific details (examples follow).

I. REFORM OF THE PRIVATE FINANCIAL SYSTEM

Reform of the private financial system is the primary solution discussed by the mainstream media. 

  1. “The Minneapolis Plan”
    Proposed by the Federal Reserve Bank of Minneapolis
  2. A New International Monetary System: Global Trade & Capital Clearing Union
    Proposed by Greece’s former finance minister.
  3. The Concord Resolution: Point 6, The Mandate of National Credit
    Proposed by The Bretton Woods Monetary Institute


II. PUBLIC MONEY

In the United States, Franklin’s colonial script, President Lincoln’s “Greenbacks,” and President Kennedy’s Silver Certificates represent what many have considered successful efforts toward public money creation, as outlined in Article 1, Section 8, Paragraph 5 of the United States Constitution: “Congress shall have the power to coin money; and regulate the value thereof”.  

  1. The State Bank of North Dakota
  2. Public Banks: In Service to Our Common Wealth
    Prepared by The Institute for Public Banking
  3. A Proposal Designed to Stabilize the Monetary System
    Prepared by the Somist Institute
  4. A Real Solution to Global Finance: A Country’s Real Worth is in its Production.
    Prepared by John Truman Wolfe
  5. A 2017 Public Proposal to President Obama and President-Elect Trump
    Prepared by The Center for American Studies.


III. COMPLIMENTARY CURRENCIES

Complementary currencies have existed in different forms since the dawn of time. They have been, and remain, an important complement for many economies.

  1. Examples of complementary currencies around the world 
    Prepared by Bernard Lietaer, one of the architects of the Euro.


IV. OTHER

  1. Peripheral Economy: The essence of the peripheral economy is a change in the behavior of all businesses. Instead of offering 100% of their production to be sold against normal (central) currencies, they keep a part of their own production to pay their employees and suppliers (the internal consumption of economic actors). This payment becomes a “currency” that can be exchanged worldwide. www.peripheraleconomy.org 

  2. Universal Income: Exchange of life hours/dollars with each person receiving an average life worth of dollars at birth. These dollars can only be spent on the necessities of life, certain goods and services agreed upon in advance. These dollars represent a labor hour and can not be inflated or deflated by a government.  At death the dollars are removed from the system so that they can not be stored or accumulated. They can only be spent at a certain rate to control the velocity and each individual has a unique electronic signature while in control of their dollars, so that they can not be stolen or exchanged outside the rules of the exchange. The goal of the parallel system is to establish a baseline for life/e-quality on the planet. Other similar parallel systems can be established for school/dollar and infrastructure/dollar related projects that have limited useful lifetimes, creating and surrendering the dollars as needed interest and inflation free. Prepared by Bryan Anthony

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Photo Gallery from 2015 Bretton Woods Convocation (if password required, enter concordium)

Gwendolyn Hallsmith, speaking at the Bretton Woods IV Convocation: Live Free and Prosper