The Public Bank Solution

The Public Bank Solution

From Austerity to Prosperity

Book - 2013
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"Nearly all money today is simply bank credit. Economies run on it, and it is created when banks make loans. The main flaw in the current model is that private profiteers have acquired control of the credit spigots. They can cut off the flow, direct it to their cronies, and manipulate it for personal gain at the expense of the producing economy. The benefits of bank credit can be maintained while eliminating these flaws, through a system of banks operated as public utilities, serving the public interest and returning their profits to the public. This book looks at the public bank alternative, and shows with examples from around the world and through history that it works admirably well, providing the key to sustained high performance for the economy and well-being for the people"--Page 4 of cover
Publisher: Baton Rouge, Louisiana : Third Millennium Press, 2013
Edition: First edition
ISBN: 9780983330868
0983330867
Characteristics: xiv, 471 pages : illustrations ; 23 cm

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