According to their website, the Alternative Banking Working Group is “a group of concerned citizens, activists, and financial professionals with two goals: the first is to explore and, if possible, establish alternative banking systems that might replace the current system. The second goal is to broadly understand and educate people about the current financial system, as well as come up with short and long term plans to improve it.”

A member of the working group, Chris Wroth, recently posted a call for a proposal to be presented to the Occupy Wall Street General Assembly, with the aim of achieving a consensus on “an effective fiscal/monetary policy for addressing the problems of wealth inequality and economic injustice. ”  Sensibly, Wroth called for a proposal that is “short, simple, and sweet. ”  He suggested that “to reach consensus a proposal will have to be boiled down to a few clear sentences.  (Something that can be read and understood in less than a minute?).”

But Wroth made a further suggestion that I found perplexing:

[Read the rest at New Economic Perspectives]