Vision: Time for a New Theory of Money
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We have emerged from the financial crisis with new clarity: Money today is simply credit. When the credit is advanced by a bank, when the bank is owned by the community, and when the profits return to the community, the result can be a functional, efficient, and sustainable system of finance.
- Whose Bank? Public Investment, Not Private Debt: The public bank concept is gaining ground on the state level, attracting proponents across the political spectrum.
- New Economy, New Ways to Do Finance: As mega-finance crumbles, many farsighted
individuals are putting their money in enterprises and financial institutions that benefit working Americans and the places they live.
- Move Your Money and Save: Big banks don't just undermine local economies—they're bad for your wallet, too.