Benjamin Franklin’s testimony to the British House of Commons in 1766 stated that “the prohibitions of making paper money” was one of the primary causes of the loss of “respect for parliament.”

Thus, the American Revolution began with an honest demand to take control of monetary policy. Article 1 Section 8 of the United States Constitution clearly identifies the sovereignty of government…

Continue ReadingBenjamin Franklin’s testimony to the British House of Commons in 1766 stated that “the prohibitions of making paper money” was one of the primary causes of the loss of “respect for parliament.”

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.

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.

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.