The Money Question

A Bold Vision for Systemic Change

By John F. Ince

Our current answer to The Money Question takes the form of our money and banking system, but there is nothing but trust backing up the trillions of dollars that are the lifeblood of our economy. The system is unstable because it’s dangerously concentrated. We’re operating with a flawed answer to The Money Question and a reckoning is upon us. This system sacrifices the needs of Main Street to the greed of Wall Street. A better answer to The Money Question would democratize the power to create money. This would “awaken” the economy and inspire hope for millions of Americans who fear their economic future. With a parallel network of “social banks” empowered to create money, taxpayers wouldn’t be on the hook for trillions of dollars in bailouts and guarantees. A new system would value what we need to create a sustainable, equitable and stable future without rewarding the speculation and creation of phantom wealth that has become the norm for the wizards of Wall Street.

Publication Date:

Oct 20 2009

ISBN/EAN13:

1448630657 / 9781448630653

Page Count:

224

Binding Type:

US Trade Paper

Trim Size:

6″ x 9″

Language:

English

Color:

Black and White

Related Categories:

Business & Economics / General