Failure of the US Monetary System and the Solution
By Richard C. Cook The debt-ceiling crisis that recently played out in Washington between budget-cutting Republicans and the further explosion of debt under the Biden administration highlights again the failure
The Debt Ceiling: There is a Better Way
In 2008 the debt ceiling was set at $11 trillion, in 2016 it was set at $22 trillion. On December 16, 2021, lawmakers raised the debt limit by $2.5 trillion to a
Treasuries, Inflation, and Climate Change
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Public Money Reform – Our Path to Liberation from RENTIER Central Bankers
In the struggle toward monetary justice, the central banking system’s owners are the real ‘rentiers’ of national money systems. They rent us our own money. Central bankers’ issuance of all
With monetary reform interest rates are no longer a monetary issue
Today, the setting of interest rates is the major way the Federal Reserve has for carrying out its monetary task of regulating the nation’s money supply. The setting of interest
Banks Bank on War Profits
By Greg Coleridge. There are many reasons why nation-states start or join wars – including the current Russian invasion of Ukraine. Controlling natural resources is certainly one of them. Whatever
The Money Matrix, Part 1: The Private Money System
By Sue Peters. Private commercial banks create what we all use as ‘money’. This fundamental fact is not taught in our schools. Why? The answer: because it is the power
Money Truly is Working Against Us
In “Money is working against us” (The Athens Messenger, August 7, 2021), Mat Roberts rightly points out the failure of our money system. It has led to an extreme concentration
Monetary Reform: Simple Spiel
What monetary reform is all about is to promote a bill that has already been drafted in various formulations here in the USA. One in the 1930s and one from
A Bridge – Public Banking on the PBI model: Why?
By Virginia Hammon, author of US Money: What is It? Why We Must Change. How We Can (2018) and with Mark Pash, How We Pay for a Better World (2019);