Taking Control of Our Money

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Taking Control of Our Money

Source:

Public Banking Institute

This is a great introduction to public banking. America has plenty of money--but it's all under the control of private banks. This video uses economic reality, clips from "It's a Wonderful Life," and other methods to bring home the key points that banks create the money they lend, and that the privatization of finance has been a disaster. It explains public banking's potential to lower the costs of funding public goods--because, after all, it's our money. 

Our sovereign currency and credit has been usurped for private gain instead of public good. Let's take back control of our money from Wall Street and build prosperity on Main Street by creating state, county, and municipal public banks. Public tax monies should be leveraged by public officials, not speculators and swindlers. Check out http://www.publicbankinginstitute.org for more information.

You can watch the video at: https://www.youtube.com/watch?t=79&v=IvTDTL55K1U

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