The public bank solution
from austerity to prosperity
First edition.
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Word Count
117,750 words, Guess
Page Count
471 pages
Identifiers
- Internet Archivepublicbanksoluti0000brow
- ISBN-100983330867
- ISBN-139780983330868
- OCLC Control Number851034721
- Better World BooksW8-BQG-299
and 1 more
- Open LibraryOL26922690M
Classifications
- DDC332.1
Description
"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.
Subjects
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