Q10
Q&A
What will happen to the banking system?
The
banks will simply lose the monopoly to create our money. We will ensure
that they have adequate funds to carry out their functions for
industry, and we will do nothing to alter the valuable relations they
have with their customers and the services they provide.
They
will be discouraged from funding purely speculative operations and will
gradually be precluded from financing the public sector. This last
requirement should allow more funds to be channeled into legitimate
industrial development.