Susana Martín Belmonte

Economist with a Bachelor’s Degree in Economic Theory from the Universidad Autónoma de Madrid (1993) and a Master’s Degree in Marketing Management from ESIC (1998). She was a market analyst in the Commercial Office of the Spanish Embassy in Mexico, as part of a Spanish Institute for Foreign Trade (ICEX) program for promoting foreign trade. Her professional career has been largely devoted to the new technology sector in private business, with an international focus. In 2003, she began research on the monetary system. The resulting work was published by the Spanish publisher Icaria, entitled “Nothing is lost: a healthy alternative monetary and financial system.” Since then, she has juggled her work in economic criticism, complementary currency development and developing the Institute for Social Money (of which she is co-founder). As she is presently unemployed, she has been completely devoted to these projects since June 2013.

New Economy, Susana Martín Belmonte, Translation

Financial Crisis Or Monetary Crisis?

June 10, 2014·0 comments·

Spanish economist, author and complementary currency activist Susana Martín Belmonte exposes the false assumption that has led to a fundamentally misguided diagnosis of the current financial crisis; the false assumption being that money needs to exist before it can be lent, when exactly the opposite is true.