The Public Bank Solution: From Austerity to Prosperity

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Overview

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 ...
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The Public Bank Solution: From Austerity to Prosperity

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More About This Book

Overview

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.
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Product Details

  • ISBN-13: 9780983330868
  • Publisher: Third Millennium Press
  • Publication date: 6/11/2013
  • Pages: 486
  • Sales rank: 298,659
  • Product dimensions: 6.00 (w) x 9.00 (h) x 0.98 (d)

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Sort by: Showing all of 2 Customer Reviews
  • Posted May 14, 2014

    The star is not for the book it is for B & N. which again sc

    The star is not for the book it is for B & N. which again scores a fail! Why is the Nook edition $25 and the Kindle edition $9? If I'm going to pay full freight for this book I'm going to at my local Independent Book Seller.

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  • Anonymous

    Posted October 18, 2013

    No text was provided for this review.

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