How to create prosperity in Greece by a simple change to the central bank policy
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EMAIL TEXT STARTS HERE
Dear Maria Karystianou,
Dear Maria Gratsia,
Your movement is preparing to craft a simple manifesto as you prepare for elections, you said according to media.
I would just like to draw your attention, if I may, to the benefits of changing central bank policy. This is the simplest, fastest, surest way to increasing the standards of living of the Greeks as I discuss.
Please see my email to President Putin and Xi in 2022 forwarded below in which I outlined how they could work together to escape sanctions and thrive also by changes in central bank policies.
By the way, Russia and China did use the broad plan I laid out on March 3 2022, although that is, no doubt, just a coincidence. Common sense dictates this approach.
The good news is the recipe for economic success for Greece is also just as simple so your movement can also craft a simple economic policy, which will quickly and permanently increase the living standards of the Greeks, and so could be a key part of your manifesto.
Yes, with one simple piece of legislation, the Greek central bank can be renationalized and so lay the foundations for lasting prosperity.
Nationalized, the central bank can directly fund 100s of billions of your government spending without creating debt with interest or the government having to raise taxes.
The result will be that your government can permanently increase the living standards of the Greeks and strengthen them economically.
Your government could also give every single Greek person compensation for the long list of crimes also in the covid era, which were committed against them.
The compensation could be of an amount sufficient for them to cancel all their debts, build up savings, increase their consumption and make investments.
Depending on economic and inflation factors, your government could give the compensation as a one off payment or as a series of smaller payments over a period of time.
This plan would fit perfectly with your plan to crack down on corruption and cronyism.
This is because corruption contributes to inflation.China controls inflation also by weeding out corruption.
Here , I will not discuss the vital importance of justice and fighting corruption which you have stressed also in relation to the Tempe train collision.
No one is more convinced that justice must be central than I am due to the cover up of D 15 218 and E 7 449 as discussed elsewhere. Believe me.
Here, I will just confine myself to showing you how easy it would be for your party to bring back prosperity to Greece by a change to the central bank system.
Once the Greek people understand how easy it is, they will vote for your party in huge numbers.
To communicate this info better, you may need to build up your own media. This info is totally censored by the "Western" media largely funded by the private bankers and their allies.
Since I first reported on the " nationalized" central banks used by China in 2010, China s economy has grown by three to four times. It continues to boom despite sanctions, trade wars. This shows that nationalized central banks really do work in practice.
Below, I discuss just some of the things your movement could do in power with a nationalized central bank.
ECONOMIC POLICY
1 CHANGING THE CENTRAL BANKS SYSTEM OF PRINTING MONEY
Able to print money using single entry book keeping as free money without debt or interest, your government could fund spending directly and undertake measures serving to boost prosperity across society quickly,
There are general measures which you can implement to improve the living standards of Greeks quickly.
Taxes can be abolished or reduced.
VAT on food can be abolished or reduced.
Energy costs can be capped and, or subsidized.
A minimum guaranteed unemployment and pension benefit can be introduced.
The pension age can be reduced.
More national holidays can be introduced.
Grants can be given to help families to pay for the cost of children and to encourage more children to be born.
All this by printing money in the central bank and transferring it with the press of a button to government accounts.
There are also measures for specific sectors which you can fund without having to go to the banks or to the bond market to take up debt or raise taxes.
Farming
Farmers, for example, can be given grants, which they do not need to repay, of, say, a 500,000 euros or a million euros to invest in improving productivity by buying solar energy panels, hydroponic units, installing better biosecurity and environmental protection measures.
If they invest the money to improve productivity, there will be little or no inflation.
The result will be happier farmers and happier consumers who can get high quality local food at affordable prices.
Mercosur products can be subjected to high barriers related to quality controls and de facto banned in practise if not in theory.
Businesses
Businesses can also be given cash grants which they do not need to repay to upgrade and modernize their operations.
Young people and entrepreneurs can be given money to start up businesses.
You can fund incubators or start up hubs to foster innovation and new businesses.
Housing
You can cancel all mortgage payments using a legal ruling or pay people s mortgages (less desirable as this could be inflationary)
Cash grants can be given to people to renovate their homes.
Your government can buy up housing stock.
You can pass a law that compels companies and banks which own or have bought up large numbers of houses or flats to sell them to the government at a fixed price.
You can then sell or give these to the Greek people.
Infrastructure
Your government can pass a law that compels companies that own or have bought up Greek motorways and trains to sell them back to the Greek state.
Tolls can be abolished. The train system can be modernized.
Education
You can give generous grants to schools and universities to upgrade and modernize their buildings and campuses
increase the salaries of staff and pay for grants and loans for students
You can provide free or low cost meals for school children and university students to improve their health.
For example, all those people who get a place at a university to get a grant of up to 11,000 euros a year l if they come from low income households and lessif they come from high income households.
Scotland's university grant system, run by SAAS, could be a model.
It "offers free tuition and income-assessed living cost support (bursaries and loans) for Scottish students, with higher support for lower household incomes, aiming for Scottish living wage equivalent funding by 2024/25, combining bursaries and loans for a significant package, all applied for yearly via the SAAS website.
Key Components
Tuition Fees: Generally covered for Scottish students studying in Scotland.
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How to create prosperity in Greece by a simple change to the central bank policy
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Jane Burgermeister <jmburgermeister@gmail.com>
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Dear Maria Karystianou,
Dear Maria Gratsia,
Your movement is preparing to craft a simple manifesto as you prepare for elections, you said according to media.
I would just like to draw your attention, if I may, to the benefits of changing central bank policy. This is the simplest, fastest, surest way to increasing the standards of living of the Greeks as I discuss.
Please see my email to President Putin and Xi in 2022 forwarded below in which I outlined how they could work together to escape sanctions and thrive also by changes in central bank policies.
By the way, Russia and China did use the broad plan I laid out on March 3 2022, although that is, no doubt, just a coincidence. Common sense dictates this approach.
The good news is the recipe for economic success for Greece is also just as simple so your movement can also craft a simple economic policy, which will quickly and permanently increase the living standards of the Greeks, and so could be a key part of your manifesto.
Yes, with one simple piece of legislation, the Greek central bank can be renationalized and so lay the foundations for lasting prosperity.
Nationalized, the central bank can directly fund 100s of billions of your government spending without creating debt with interest or the government having to raise taxes.
The result will be that your government can permanently increase the living standards of the Greeks and strengthen them economically.
Your government could also give every single Greek person compensation for the long list of crimes also in the covid era, which were committed against them.
The compensation could be of an amount sufficient for them to cancel all their debts, build up savings, increase their consumption and make investments.
Depending on economic and inflation factors, your government could give the compensation as a one off payment or as a series of smaller payments over a period of time.
This plan would fit perfectly with your plan to crack down on corruption and cronyism.
This is because corruption contributes to inflation.China controls inflation also by weeding out corruption.
Here , I will not discuss the vital importance of justice and fighting corruption which you have stressed also in relation to the Tempe train collision.
No one is more convinced that justice must be central than I am due to the cover up of D 15 218 and E 7 449 as discussed elsewhere. Believe me.
Here, I will just confine myself to showing you how easy it would be for your party to bring back prosperity to Greece by a change to the central bank system.
Once the Greek people understand how easy it is, they will vote for your party in huge numbers.
To communicate this info better, you may need to build up your own media. This info is totally censored by the "Western" media largely funded by the private bankers and their allies.
Since I first reported on the " nationalized" central banks used by China in 2010, China s economy has grown by three to four times. It continues to boom despite sanctions, trade wars. This shows that nationalized central banks really do work in practice.
Below, I discuss just some of the things your movement could do in power with a nationalized central bank.
ECONOMIC POLICY
1 CHANGING THE CENTRAL BANKS SYSTEM OF PRINTING MONEY
Able to print money using single entry book keeping as free money without debt or interest, your government could fund spending directly and undertake measures serving to boost prosperity across society quickly,
There are general measures which you can implement to improve the living standards of Greeks quickly.
Taxes can be abolished or reduced.
VAT on food can be abolished or reduced.
Energy costs can be capped and, or subsidized.
A minimum guaranteed unemployment and pension benefit can be introduced.
The pension age can be reduced.
More national holidays can be introduced.
Grants can be given to help families to pay for the cost of children and to encourage more children to be born.
All this by printing money in the central bank and transferring it with the press of a button to government accounts.
There are also measures for specific sectors which you can fund without having to go to the banks or to the bond market to take up debt or raise taxes.
Farming
Farmers, for example, can be given grants, which they do not need to repay, of, say, a 500,000 euros or a million euros to invest in improving productivity by buying solar energy panels, hydroponic units, installing better biosecurity and environmental protection measures.
If they invest the money to improve productivity, there will be little or no inflation.
The result will be happier farmers and happier consumers who can get high quality local food at affordable prices.
Mercosur products can be subjected to high barriers related to quality controls and de facto banned in practise if not in theory.
Businesses
Businesses can also be given cash grants which they do not need to repay to upgrade and modernize their operations.
Young people and entrepreneurs can be given money to start up businesses.
You can fund incubators or start up hubs to foster innovation and new businesses.
Housing
You can cancel all mortgage payments using a legal ruling or pay people s mortgages (less desirable as this could be inflationary)
Cash grants can be given to people to renovate their homes.
Your government can buy up housing stock.
You can pass a law that compels companies and banks which own or have bought up large numbers of houses or flats to sell them to the government at a fixed price.
You can then sell or give these to the Greek people.
Infrastructure
Your government can pass a law that compels companies that own or have bought up Greek motorways and trains to sell them back to the Greek state.
Tolls can be abolished. The train system can be modernized.
Education
You can give generous grants to schools and universities to upgrade and modernize their buildings and campuses
increase the salaries of staff and pay for grants and loans for students
You can provide free or low cost meals for school children and university students to improve their health.
For example, all those people who get a place at a university to get a grant of up to 11,000 euros a year l if they come from low income households and lessif they come from high income households.
Scotland's university grant system, run by SAAS, could be a model.
It "offers free tuition and income-assessed living cost support (bursaries and loans) for Scottish students, with higher support for lower household incomes, aiming for Scottish living wage equivalent funding by 2024/25, combining bursaries and loans for a significant package, all applied for yearly via the SAAS website.
Key Components
Tuition Fees: Generally covered for Scottish students studying in Scotland.
Living Costs: A combination of bursaries (non-repayable grants) and student loans, dependent on household income.
How it Works (SAAS)
Application: You apply annually to the Student Awards Agency Scotland (SAAS), usually starting in April.
Income Assessment: SAAS uses your household income to determine your bursary and loan amount.
Funding Package: This package includes tuition fee support and living cost support (bursary + loan).
Example Support Levels (Approximate for 2025/26)
Lowest Income (<£21,000): Receives the highest support, including significant bursaries and loans, potentially reaching over £11,000 total.
Higher Income (e.g., >£34,000): Still gets tuition support and a loan, but a smaller bursary (or none), resulting in lower total support. " according to AI.
Arts and culture
Billions in grants can be given to cultural projects to help boost the arts in Greec, something which could also attract more tourists.
To sum up.
Your government can quickly end the years if not decades of debilitating debt and economic weakness just by changing the way the government prints money.
The legality of the Lisbon Treaty is very questionable for reasons I will not go into here . But basically, the private issuance of money inevitably creates debt and economic collapse, unemployment and inflation and so is incompatible with the ECB s stated objectives of supporting jobs, economic strength and low inflation.
The eurozone is also on the verge of collapse due to debt caused by the de facto privatization of the ECB. While the ECB is not private, it gives circa 7000 private banks the sole right to issue its euro notes in the form of bank licenses.
Key takeaway. There may be resistance from the ECB, EC and EU to the plan but it is manageable.
Discussion
The result of the private bankers system of printing money as debt with interest to be paid to banks is a carefully planned economic syphoning of the assets of people and a country.
An example is the USA today where interest on the record federal debt of 38.5 trillion alone is a trillion dollars and rising. That corresponds to about a more than a third all the federal personal incomes taxes paid by Americans in 2025 at 2.7 trillion dollars. The burden of interest is much higher when we consider US state debt and company debt. Mortgages, credit card and student debts mean that the total amount extracted from the US economy as interest for these alone may be another one to two trillion dollars.
In any case, the conclusion is inescapable that a vast amount of money is handed over to the private bankers for no service, no product, and simply because they have acquired banking licenses allowing them to issue the eurozone s money.
The effect is to demoralize and debilitate an economy. People get poorer and poorer. But the banker circle obtaining the money become wealthier. Wealth is concentrated in the hands of a few, paving the way for corruption and authoritarianism.
China, whose central bank can print money as cash free grants and give it without interest, is booming.
Since I reported on this system of printing money in 2010, China s economy has grown about 3 to 4 times, as mentioned.
The money is printed in order to increase the country s economic resources, products and services by investments in businesses and innovation and infrastructure.
This stops inflation. When the growth in the money supply equals the aggregate growth in the products and services there is no or low inflation as in China.
China has commercial banks which help funnel free money to promising businesses.
This system of printing money also made China sovereign and capable of resisting the pressure of the private bankers. They can use government debt to compel a government to hand over tax money or assets as happened to Greece during the so called euro debt crisis.
Russia also was able to survive the Western dollar sanctions imposed in 2022 because it used this system in part.
This way of printing money also made America super wealthy until the Federal Reserve was privatized in 1913.
The government can print the money and distribute it leveraging its privilege to issue the legal tender of a country. The money is de facto backed by the total economic output of a country.
This system is sustainable.
It is not subject to boom and bust cycles like private central bank economies.
Prosperity slowly but steadily increases.
Wealth increases.
The main danger is inflation as mentioned. It is very important to take this seriously and have a plan to control inflation also using price controls etc.
To stop inflation, corruption must be severely punished and discouraged.
Good models and data are needed to ensure the money supply matches the products and services in Greece or which Greeks can import to prevent inflation.
But all this can be managed by a team
KEY SOURCES
REPORTS
IMF's epic plan to conjure away debt and dethrone bankers
Ambrose Evans Pritchard, The Telegraph
https://www.telegraph.co.uk/finance/comment/9623863/IMFs-epic-plan-to-conjure-away-debt-and-dethrone-bankers.html
The Chicago Plan Revisited
The IMF
https://www.imf.org/external/pubs/ft/wp/2012/wp12202.PDF
Strip banks of their power to create money
Martin Wolf, Financial Times
https://www.ft.com/content/7f000b18-ca44-11e3-bb92-00144feabdc0
Banken erfinden Geld aus Luft
Franz Hoermann, Der Standard
https://www.derstandard.at/story/1285200656759/banken-erfinden-geld-aus-luft
KEY LEGAL TEXTS
Jerome Daly and Credit River , 1969
https://web.archive.org/web/20090408014237/http://www.lawlibrary.state.mn.us/CreditRiver/1968-12-09judgmentanddecree.pdf
In this second part of my submission, I would just like to give a few of my own ideas about what policies I think would be popular and benefit Greece.
FOREIGN POLICY
2 PEACE, DIPLOMACY AND NEUTRALITY
Greece can leverage its unique geographical location to become a neutral country seeking to maintain peaceful relations with its neighbours and pursuing peace in the world.
It can form good relations with Russia, China, Iran and the BRICS as well as with Europe, the UK and USA.
NATO and US bases can be closed as part of a push for neutrality.
All contracts between the Greek armies and foreign armies can be cancelled or reviewed.
A working group can be established to determine what investments Greece should make to ensure it has a strong enough army and coast guard for its own defence.
Conscription plans could be scrapped.
The diplomatic service can be upgrade
AN INDEPENDENT JUDICIARY
3 CORRUPTION
THE MAJOR POLICY AS DISCUSSED ABOVE
Abolish the Greek secret service
Cancel Singular Logics contract to announce election results
Greek ship owners de facto act as foreign Billionaires and they use their wealth to exercise tremendous power to corrupt policies.
Their vast fleets can be seized or bought or broken up or they can be compelled to go to another country
4 HEALTH, FAMILIES AND PENSIONS
Health
Your government can give billions to modernize hospitals and improve the pay of staff.
It can give free cures also for covid jabs.
5 A STRONG ENVIRONMENTAL PROTECTION POLICY
Your government can subsidize free solar and RE for all the people of Greece but only as long as trade with China continues!
Also
Digital money
Digital money should also be banned as a potentially dangerous, authoritarian and surveillance control mechanism, I believe,
Debanking and asset freezing should be banned.
Private banks controlling the system of payments can be nationalized or supervised.
The digital ID should also be banned, I suggest.
AI should be banned or regulated, I suggest.
Just a few ideas of mine.
I am sure you have many others.
Please do not hesitate to contact me if you have any questions.
Good luck and best wishes!
Jane Burgermeister,
Larisa, Greece
Living Costs: A combination of bursaries (non-repayable grants) and student loans, dependent on household income.
How it Works (SAAS)
Application: You apply annually to the Student Awards Agency Scotland (SAAS), usually starting in April.
Income Assessment: SAAS uses your household income to determine your bursary and loan amount.
Funding Package: This package includes tuition fee support and living cost support (bursary + loan).
Example Support Levels (Approximate for 2025/26)
Lowest Income (<£21,000): Receives the highest support, including significant bursaries and loans, potentially reaching over £11,000 total.
Higher Income (e.g., >£34,000): Still gets tuition support and a loan, but a smaller bursary (or none), resulting in lower total support. " according to AI.
Arts and culture
Billions in grants can be given to cultural projects to help boost the arts in Greec, something which could also attract more tourists.
To sum up.
Your government can quickly end the years if not decades of debilitating debt and economic weakness just by changing the way the government prints money.
The legality of the Lisbon Treaty is very questionable for reasons I will not go into here . But basically, the private issuance of money inevitably creates debt and economic collapse, unemployment and inflation and so is incompatible with the ECB s stated objectives of supporting jobs, economic strength and low inflation.
The eurozone is also on the verge of collapse due to debt caused by the de facto privatization of the ECB. While the ECB is not private, it gives circa 7000 private banks the sole right to issue its euro notes in the form of bank licenses.
Key takeaway. There may be resistance from the ECB, EC and EU to the plan but it is manageable.
Discussion
The result of the private bankers system of printing money as debt with interest to be paid to banks is a carefully planned economic syphoning of the assets of people and a country.
An example is the USA today where interest on the record federal debt of 38.5 trillion alone is a trillion dollars and rising. That corresponds to about a more than a third all the federal personal incomes taxes paid by Americans in 2025 at 2.7 trillion dollars. The burden of interest is much higher when we consider US state debt and company debt. Mortgages, credit card and student debts mean that the total amount extracted from the US economy as interest for these alone may be another one to two trillion dollars.
In any case, the conclusion is inescapable that a vast amount of money is handed over to the private bankers for no service, no product, and simply because they have acquired banking licenses allowing them to issue the eurozone s money.
The effect is to demoralize and debilitate an economy. People get poorer and poorer. But the banker circle obtaining the money become wealthier. Wealth is concentrated in the hands of a few, paving the way for corruption and authoritarianism.
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