Public Banking

Modern Monetary Theory (MMT) is getting significant media attention these days, after Alexandria Ocasio-Cortez said in an interview that it should “be a larger part of our conversation” when it comes to funding the Green New Deal. According to MMT,…

by Ellen Brown, originally posted on Truthdig   The “Green New Deal” endorsed by Rep. Alexandria Ocasio-Cortez, D.-N.Y., and more than 40 other House members has been criticized as imposing a too-heavy burden on the rich and upper-middle-class taxpayers who will have…

by Ellen Brown originally posted on Truthdig, 03/07/2018   Spurred by the heavily cash-reliant cannabis industry, Los Angeles residents will be the first in the country to vote on a public banking mandate, after the City Council agreed on June 29…