2. Fractal not Fractional Banking This project is dedicated to the closer examination of the current monetary system in hopes to cultivate future models which better suit the needs of the global community in the 21 st century and beyond. The title “Fractal not Fractional” is just one potential approach to many emerging positions on monetary reform. In the world of fractals, objects exist as smaller resolutions of other, larger objects and can exist well on into infinity. In the world of fractional reserve banking, however, an illusion of infinity is presented, but the actual picture is much different. As global economic reform is underway, we would like to simply present ideas which we feel may help assuage much of the damage that has been done as a result of the fractional reserve banking system. None of the solutions at this time are exceedingly simple, but as a global, interconnected community, we are certainly capable of facing these challenges with respect, honor and dignity. Thank you very much for your time.
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5. Vision of the Fathers "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies...The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."* -Thomas Jefferson *United States Congress. Senate. Committee on Agriculture and Forestry, Committee on Agriculture and Forestry, General Farm Legislation: Hearings Before a Subcommittee of the Committee on Agriculture and Forestry, United States Senate, Seventy-fifth Congress, Second Session, Pursuant to S. Res. 158, a Resolution to Provide for an Investigation of Agricultural Commodity Prices, of an Ever-normal Granary... (Washington, D.C.: GPO, 1937), 3607.
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14. Words from the Great Law of Peace Your heart shall be filled with peace and good will and your mind filled with a yearning for the welfare of the people of the Confederacy. With endless patience you shall carry out your duty and your firmness shall be tempered with tenderness for your people. Neither anger nor fury shall find lodgement in your mind and all your words and actions shall be marked with calm deliberation. In all of your deliberations in the Confederate Council, in your efforts at law making, in all your official acts, self interest shall be cast into oblivion. Cast not over your shoulder behind you the warnings of the nephews and nieces should they chide you for any error or wrong you may do, but return to the way of the Great Law which is just and right. Look and listen for the welfare of the whole people and have always in view not only the present but also the coming generations, even those whose faces are yet beneath the surface of the ground -- the unborn of the future Nation. -Dekanawidah, the Great Peacemaker The Iroquois Confederacy Constitution