
The Public Bank Solution
From Austerity to Prosperity
Ellen Hodgson Brown(Author)
Third Millennium Press
Published on 11. June 2013
Book
Paperback/Softback
486 pages
978-0-9833308-6-8 (ISBN)
Description
WHAT WALL STREET DOESN'T WANT YOU TO KNOW. Shock waves from one Wall Street scandal after another have completely disillusioned us with our banking system; yet we cannot do without banks. 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.
More details
Language
English
Place of publication
United States
Product notice
Paperback (trade)
Illustrations
1, black & white illustrations
Dimensions
Height: 229 mm
Width: 152 mm
Thickness: 27 mm
Weight
697 gr
ISBN-13
978-0-9833308-6-8 (9780983330868)
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Schweitzer Classification