Euro zone debt chart

Bi-monthly updated¹ Euro zone (official: Euro area) debt chart.²

euro-area-notes-coins-vs-debt-money-2015-11

Is this a problem? Yep. Getting rid of debt-based money creation by private banks is a prerequisite for meaningful reform in (almost) any area. For more information, visit positivemoney.org.³

To find or found a local group campaigning for money reform, start at http://internationalmoneyreform.org.

______________________
¹ If the graph is out of date, contact me and I’ll give it an update. Also contact me if you’d like to host it on some proper webspace, a cron job running ‘make’ six times a year is all it takes.

² Sources:
M3 http://sdw.ecb.europa.eu/quickview.do?node=2120793&SERIES_KEY=117.BSI.M.U2.Y.V.M30.X.1.U2.2300.Z01.E
notes http://sdw.ecb.europa.eu/quickview.do?node=5274891&SERIES_KEY=195.BKN.M.U2.NC10.B.ALLD.AS.S.E
coins http://sdw.ecb.europa.eu/quickview.do?node=5274891&SERIES_KEY=195.BKN.M.U2.NC10.C.ALLD.AS.S.E

³ Sure, the UK isn’t part of the Euro zone. PositiveMoney just happens to have the by far best explanations and the most elaborate proposals, differences in money systems are academic.

___________________________________________

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s