Which would you choose? The money system that confers hundreds of billions of dollars a year to the benefit of the U.S. taxpayer and leaves us with no national debt, or the one that confers $31 Billion a year, maybe, and created our $12 Trillion national debt?
Archive for the ‘History’ Category
“Wealth doesn’t come from a bank…” Monetary Reformer Will Abram
“Wealth does not come form a bank; it does not come from any money manipulation; it comes from us.” In this 6 minute video, Will briefly talks about growing up during the depression in Alberta Canada, before describing Canada’s experience of deb
Joe’s Montpelier Talk, 4.8.09 Part 8: Milton Friedman
In Part 8 (of 9), Joe highlights Milton Friedman’s opposition of money creation by private banks by highlighting the following quote: “A reform of the monetary and banking system to eliminate both the private creation and destruction of money and
Joe’s Montpelier Talk, 4.8.09 Part 7: Robert Hemphill Quote
Under the “100 percent-reserve” lending system proposal, again banks would lend money after it was created and deposited into the banks by their depositors.
Joe’s Montpelier Talk, 4.8.09 Part 6: The Chicago Plan of 1933
FDR came to power in 1933, more than three years after the 1929 Crash. The national banking system was on the verge of total collapse, despite the Federal Reserve banking system being 20 years old. Fortunately, after the Crash, many economists saw th
Ronnie Phillips Articles Support Economic Stability
Ronnie Phillips, professor of economics at Colorado State, wrote one of the most important books on the debt-free money bookshelf, The Chicago Plan and New Deal banking Reform (1995, M.E. Sharpe Inc.) Ronnie had a recent op-ed in The American Bank
Joe’s Montpelier Talk, 4.8.09, Part 3: Lincoln’s Greenbacks
Joe covers US Monetary History from Andrew Jackson, through Lincoln’s great experiment with debt-free money, the original Greenback.
A Solution to the Financial Crisis: Debt-Free Money
From across the political, social and economic spectrum, there is widespread agreement that there is something wrong with the money system in this country. There is not widespread agreement on what that something is.
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Jim on Turning Around a Balance Sheet Recession: Coffee with Joe, 6-28-11
Jim on Turning Around a Balance Sheet Recession: Coffee with Joe, 6-28-11
Jim on Turning Around a Balance Sheet Recession: Coffee with Joe, 6-28-11