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Monetary reform in the United States : ウィキペディア英語版 | Monetary reform in the United States Monetary reform, the reform of monetary creation and thus of the banking system, is a topical political issue in the United States, especially in light of the public debt (15 trillion dollar in November 2011),〔(U.S. debt 15 trillion dollars ) Daily News, Published 2011-11-17 (Read 3 december 2012)〕 household debt (student debts, etc.), Social Security and other public sector undertakings and state debts. The financial crisis that began in U.S. in the fall of 2007 and subsequently affected large parts of the world, and was followed by massive bank rescues (so-called bailouts), also plays a major role in this context as well as criticism of Federal Reserve. Strictly speaking, there are two separate movements for monetary reform in the U.S., one is more left-wing and the other is more right-wing. In Congress these views are represented mainly by Dennis Kucinich, which belong to the progressive left, and Ron Paul, known right-wing "Fed critics." The debate often focuses on questions such as how the banking system works today, debts, bailouts, the Federal Reserve, and more. But history is also alive in the debate, for example is Abraham Lincoln's so-called Greenbacks something that often is mentioned. American organizations for monetary reform is mainly American Monetary Institute (AMI) and Public Banking Institute. == History ==
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