Read more about the article A completely misguided understanding of how banks create money is one of the issues preventing the creation of new public banks across our nation.

A completely misguided understanding of how banks create money is one of the issues preventing the creation of new public banks across our nation.

If you believe the function of banks is to simply lend account holders' money to other people you are misinformed about the actual function of banking.Banks are in the business…

Continue ReadingA completely misguided understanding of how banks create money is one of the issues preventing the creation of new public banks across our nation.
Read more about the article BP is leaving Alaska. So what’s going to happen to its big office building in Midtown Anchorage?
The BP building in Midtown Anchorage on Tuesday, Aug. 27, 2019. BP announced that it plans to sell all of its Alaska assets to Hilcorp Alaska for $5.6 billion. (Loren Holmes / ADN)

BP is leaving Alaska. So what’s going to happen to its big office building in Midtown Anchorage?

https://www.adn.com/business-economy/2019/09/06/bp-is-leaving-alaska-so-whats-going-to-happen-to-its-big-office-building-in-midtown-anchorage/ Since the Anchorage Daily News deleted this link with all of its comments on their Facebook page I am repeating and adding to my comments here. The big issue…

Continue ReadingBP is leaving Alaska. So what’s going to happen to its big office building in Midtown Anchorage?
Read more about the article Now that the public banking movement has made the “credit creation” banking secret known to the public, politicians can no longer cut budgets and claim there is no other alternative to cutting or taxation.

Now that the public banking movement has made the “credit creation” banking secret known to the public, politicians can no longer cut budgets and claim there is no other alternative to cutting or taxation.

Join us in teaching our misinformed politicians how public banks can raise living standards though creating credit for the physical requirements of a successful economy. With your help, in the…

Continue ReadingNow that the public banking movement has made the “credit creation” banking secret known to the public, politicians can no longer cut budgets and claim there is no other alternative to cutting or taxation.
Read more about the article Most political discussions in Alaska continue to exclude banking as a source of revenue for complying with the mandates of our state and federal constitutions.

Most political discussions in Alaska continue to exclude banking as a source of revenue for complying with the mandates of our state and federal constitutions.

Why are we cutting budgets without having an honest conversation about the potential of public banking? Click “like” on this post and page to let our politicians know that public…

Continue ReadingMost political discussions in Alaska continue to exclude banking as a source of revenue for complying with the mandates of our state and federal constitutions.
Read more about the article Can banks individually create money our of nothing? – The theories and the emperical evidence

Can banks individually create money our of nothing? – The theories and the emperical evidence

The ignorance now occurring in the Alaska state government is rooted in misunderstanding how our economic system functionally works. The links below contain one of the research papers and the…

Continue ReadingCan banks individually create money our of nothing? – The theories and the emperical evidence