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...Monetary reform a better system for iceland report by frosti sigurjonsson commissioned the prime minister of edition march reykjavik contents overview and summary abstract need alternatives to fractional reserve recommendations problems in money creation mechanism how commercial banks create central bank creates s role incentive creating can cbi restrain do simply lend existing expanding supply measures deposits increased fold years changes policy inflation what enabled expansion issues deposit insurance lending speculation vs economic growth control chicago plan revisited narrow banking limited purpose sovereign proposal key advantages detail payments loans maturity transformation separating allocation committee deciding much introducing new into economy removing from circulation accounting transition account conversions availability credit following switchover impacts an international context scepticism about bibliography samantekt islensku formali eftir adair turner lavar inngangur ...