Sovereign Monetary Freedom Act
from News Commentary from Europe Hosted by Mana Bond Limited
The video outline the Sovereign Monetary Freedom Act, a legislative proposal designed to fundamentally restructure the American financial system by returning money-creation authority from private banks to the U.S. Treasury. This plan aims to replace the current debt-based economy with a sovereign currency framework, where the government funds all public expenditures through seigniorage revenue rather than taxation. A central feature of the proposal is a "Biblical Jubilee" scheduled between 2026 and 2029, which would cancel or restructure existing debts to provide systemic financial relief. Under this act, commercial banks would transition into honest intermediaries that provide zero-interest loans for productive economic purposes while earning a fixed service fee. The documents detail a phased 24-to-36-month transition overseen by a new Monetary Oversight Board to ensure stability and transparency. Ultimately, the initiative seeks to eliminate federal taxes, eradicate poverty, and establish a global model for inclusive, debt-free prosperity.Sovereign Monetary Freedom Act + EXECUTIVE SUMMARY + TRANSITION GUIDELINES https://centralerischibanche.blogspot.com/2026/03/sovereign-monetary-freedom-act.html
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