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canoeist52

(2,282 posts)

7. Very important concept. By-pass the big interest rates of private panking.

Reply to marmar (Original post)

Sat Mar 14, 2015, 01:48 PM

Mar 2015

I'm not sure I understand all the details of this public banking system but I believe the gist of it is that the government lends money to itself (us) at no interest. Big bank loan interest is the #1 reason that government projects cost as much as they do.

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15 replies

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Highlight:

The Public Bank Solution to Government Debt and Budget Shortfalls [View all] marmar Mar 2015 OP

How about some background about this. rickford66 Mar 2015 #1

Ellen Brown freedom fighter jh Mar 2015 #3

She mentioned the North Dakota state banks. Enthusiast Mar 2015 #5

I learned this after watching rickford66 Mar 2015 #8

I think we should open a bank. Enthusiast Mar 2015 #9

Yes, North Dakota has a state bank, but that's only ONE state 99th_Monkey Mar 2015 #10

What if a state or the nation set up a public bank Half-Century Man Mar 2015 #2

About 10 audio interruptions in the form of HP ads in the first 3 minutes, then I walked away...does drynberg Mar 2015 #4

I get a ot of Verizon ads rickford66 Mar 2015 #14

K&R! This post should have hundreds of recommendations! Enthusiast Mar 2015 #6

Very important concept. By-pass the big interest rates of private panking. canoeist52 Mar 2015 #7

K & R for Ellen Brown & A big TY to marmar! Here is EB's website and some pertinent info: mother earth Mar 2015 #11

K&R DeSwiss Mar 2015 #12

Yes, the vampire banks have been at it and continue to suck us dry. mother earth Mar 2015 #13

One of the important steps in fixing the mess we're in. calikid Mar 2015 #15