The Public Bank Solution

WHAT WALL STREET DOESN’T WANT YOU TO KNOW

9780983330868-Perfect.psdShock 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. Order here.

EXCERPTS
Read the Table of Contents
for a preview of what is inside —
Foreword
by Hazel Henderson
Chapter 1
: From Bail-Outs to Bail-Ins: A Banking Dinosaur On Life Support

Chapter 14: The Reconstruction Finance Corporation: The Little-Known Public Financial Institution That Reversed the Depression and Funded World War II

Chapter 25: Latin America: Breaking the Taboos of the Neoliberal Agenda
Chapter 36: Toward A New Theory of Money And Credit

Reviews

Ellen Brown has written what will become one of THE most important books of our time. She eloquently educates us on how the democratization of money is the very foundation of a free society. Ellen brilliantly shows how money can be the current or currency that facilitates the spiritual experience of manifesting our collective intentions for a better world.   Her book is an absolute game-changer and a must read for all those interested in having a world that works for everyone. Buy it, read it, and tell everyone you know to do the same.
— Lynne Twist, author of The Soul of Money and Co-Founder of the Pachamama Alliance

This is a must read! Ellen Brown is the leader of the public banking movement and this masterful work is certain to become the go-to book for anyone interested in transcending the speculation-driven global financial system—and helping lay sound foundations for the fast-emerging New Economy.
– Gar Alperovitz, author of What Then Must We Do?, Lionel R. Bauman Professor of Political Economy at the University of Maryland and CoFounder of the Democracy Collaborative

Brown has done it again. The Public Bank Solution follows her Web of Debt, a brilliant analysis of privatized banking, how it has usurped the money creation power, and how we can get it back. Public banking is the antidote to corrupted, dysfunctional privatized banking, the way forward for sustainable long-term growth and prosperity. The Public Bank Solution explains an idea whose time has come.
Stephen Lendman, talk show host, author, How Wall Street Fleeces America

77 Responses

  1. […] solution to the world’s problems would be public banking. In the United States it could replace the privately-controlled, central banking system of the […]

  2. […] solution to the world’s problems would be public banking. In the United States it could replace the privately-controlled, central banking system of the […]

  3. […] the power to create money from the people themselves and how we the people can get it back. In The Public Bank Solution (2013) she traces the evolution of two banking models that have competed historically, public […]

  4. […] Institute, and author of twelve books including the best-selling Web of Debt. Her latest book, The Public Bank Solution, explores successful public banking models historically and globally. Her 300+ blog articles are […]

  5. […] Brown, author of Web of Debt and The Public Bank Solution, discusses her new article Exposing the Libya Agenda: A Closer Look at Hillary’s […]

  6. […] Articles and podcast by Ellen Brown […]

  7. “Money is created when banks make loans” Not a well educated individual but I know one thing! My signature on a promissory note is what got the process started. Let’s just say I’m the true creditor: natural vs legal person, I give value (my labor) and what do I get for consideration? Nothing! But the banks claim they loaned you money. Really? Prove it! Anyone who knows anything about how the wicked banking system operates knows that banks are not allowed to lend their own money for if they did they would be breaking the GAAP law. In a nutshell they deposit your note (negotiable instrument) into a created account with your name and return a negotiable instrument to you in return and call it a loan. But where’s my promissory note that you owe me for? It’s the loan they will say! What did you loan me? Where did you get the money to loan me? I know you can’t loan banks money. What they do is steal your promissory note (your not supposed to know this) now they can create new money off of your signature (that’s why I’m the creditor) up to 9 or 10 times the amount of the proposed loan (counterfeiting your signature) withholding a certain amount in reserves (banks vault or the Federal Reserve the bank is connected to) so if you are not going to return the value of my note then you stole it. Here’s my remedy: UCC 3-305. “Defenses and Claims in Recoupment”. Now you pay me the value of my promissory note plus interest plus you are committing “fraud in the factum”.

    • Bank of England issued a memo acknowledging the fact that nearly all money is created when banks make loans.

      Central Bank acknowledges the creation of money and the debt created by deposit banks when they create money with fractional reserve.

      Central Bank is functionally selling options to purchase human labor as State currency, collecting and keeping our rightful option fees as interest on money creation loans.

      The friends of Central Bankers buy sovereign debt for a profit and have State force humanity to make the payments on that money for Wealth with our taxes in debt service. It’s clear from WEF estimate of $255 trillion in existence with over $200 trillion in bond markets. Central Bankers have loaned $255 trillion into existence to their friends who now own over $200 trillion in global sovereign debt and are having States force humanity to make the payments on all money for Wealth with our taxes in debt service, along with a bonus to finance human activity at their whim.

      Money’s an option to purchase human labor & we don’t get paid our option fees.

  8. […] her 2013 book The Public Bank Solution, she traces the evolution of two banking models that have historically competed—public and […]

  9. […] has written twelve books, including the Web of Debt and The Public Bank Solution, in which she traces the evolution of the private banking system, showing how it usurped the power to create […]

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