Ellen Brown- Funding the Green Transition with Public Banks - 2019 Soil & Nutrition Conference

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Ellen Brown- Funding the Green Transition with Public Banks - 2019 Soil & Nutrition Conference
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Funding the Green Transition with Public Banks
Ellen Brown
The public banking movement has been gaining momentum across the country, with dozens of bills being actively pursued in various cities and states, and hundreds of organizations endorsing the concept. The US movement began a century ago, when the Bank of North Dakota was founded in 1919 by farmers who were losing their farms to big out-of-state banks. The movement reached the national level last year, when a resolution for a select committee on a Green New Deal submitted by U.S. Rep. Alexandria Ocasio-Cortez and the Sunshine Movement included funding by the Federal Reserve, a national public bank, or a network of public banks. Public banks are also re-surging globally, triggered by the failure of private finance to address pressing climate problems without first feeding insatiable private investors. Twenty percent of bank assets world-wide are still publicly owned and controlled, in addition to the bott
Date 2019-12-29
Source commons.wikimedia.org
Author Bionutrient Food Association

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Attribution: Bionutrient Food Association, 2019-12-29

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