NEW BOOK! “Banking on the People: Democratizing Money in the Digital Age”

From the back cover:

“Today most of our money is created, not by governments, but by banks when they make loans. This book takes the reader step by step through the sausage factory of modern money creation, explores improvements made possible by advances in digital technology, and proposes upgrades that could transform our outmoded nineteenth century system into one that is democratic, sustainable, and serves the needs of the twenty-first century.”

WEB OF DEBT BLOG

My new book, nearly 3 years in the making, is finally in print. It’s called “Banking on the People: Democratizing Money in the Digital Age” and is published by the Democracy Collaborative. As our democracy hangs in the balance, I hope this book allows many more people to understand why having control over the money supply is central to the idea of democracy, and what we can do to wrest that control from big private banks and put it squarely in the hands of the people.

From the back cover:

Today most of our money is created, not by governments, but by banks when they make loans. This book takes the reader step by step through the sausage factory of modern money creation, explores improvements made possible by advances in digital technology, and proposes upgrades that could transform our outmoded nineteenth century system into one that is democratic…

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2 thoughts on “NEW BOOK! “Banking on the People: Democratizing Money in the Digital Age”

  1. Hopefully Ellen Brown’s new book “Banking On The People” will make a significant difference in public awareness, and finally create conditions conducive to produce a major breakthrough in the epic battle over who controls the “money power” and war and peace decision-making on Earth.

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  2. I sure hope so Jerry. Our Positive Money group here in New Zealand has launched a petition to Parliament calling on the Reserve Bank of NZ (in lieu of private banks) to issue all our money. And there seems to be a strong movement within our Green Party to adopt Overt Monetary Financing (where the government issues money directly into the economy for public services). There seems to be new awareness of the issue here, thanks to Rep Alexandra Oacasio-Cortez calling to fund the Green New Deal with OMF.

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