Advance New Zealand
A new design for our economic future

Media Release
Date: Wednesday, 2 September 2009

Labour , Greens And Jim Anderton Form New Monetary Investigation Unit - Bumble, Stumble And Mumble.

It is now acknowledged by most experts that the driver of the global economic crisis was the ever expanding use of debt as money. Unfortunately, virtually all money in the world today is based on a mechanism of debt creation. Until that mechanism is changed or an alternative mechanism put in place, the debt based solutions being developed are ensuring another crisis will happen within the next decade.

The opposition parties engaged in looking at the foundation of the NZ economy will find nothing because they are looking for solutions in the same environment that created the problems they seek to address.

Ironically the only party who saw the crisis coming and are proposing an alternative to debt as money (Democrats for Social Credit) is having its annual conference in Christchurch on September 5-6th and the media will doubtless ignore the event.

ENDS

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