Thursday, August 3, 2017

Why Public State Banks Are Better for the Economy Than Private Central Banks



(Pao ChangThanks to Steve for emailing me the link to the videos and information below.

The following videos have some interesting and important information about public banking and the benefits of having state-owned banks. If you are interested in a better alternative to private central banking, the following videos should be of great interest to you. The videos explain why public state banks are better for the economy than private central banks, such as the Federal Reserve System.

Related Article: Run on Banks Begins — Deutsche Bank Clients Begin Withdrawing Excess Cash

Source - MNITHOUGHT

by Pao Chang, August 1st, 2017

A public state bank system is not the best answer to creating a thriving economy free of debt, but it is much better than the federal reserve system. As described on BankingOnColorado.org:
Public banks are run by local or state governments, without shareholders, with a mandate to support local community banks and fund public goods like schools, city services and small businesses. Wall Street hates public banks because they demonstrate that local governments and communities can manage their money and finance their services without making massive interest payments to big banks.
Currently, there’s only one public bank in the United States, in North Dakota, but there are movements in over 20 states to create more. This story is about movements in four Western states where, because of persistent organizing, meetings, conversations, and a belief that democracy must be materialized, people like you and me have made impressive strides in the campaign to bring public banks to the United States.


Public Banking Panel 1: Ellen Brown, Gwendolyn Hallsmith & Mike Krauss



Public Banking Panel 2: Financing for Local Needs


Public Banking Panel 3: Responding to the Challenge



Nomi Prins on Public Banking



The Public Bank Solution to Government Debt and Budget Shortfalls




_________________________
Stillness in the Storm Editor's note: Did you find a spelling error or grammar mistake? Do you think this article needs a correction or update? Or do you just have some feedback? Send us an email at sitsshow@gmail.com with the error, headline and urlThank you for reading.
_______

________________________________________________________________
Question -- What is the goal of this website? Why do we share different sources of information that sometimes conflicts or might even be considered disinformation? 
Answer -- The primary goal of Stillness in the Storm is to help all people become better truth-seekers in a real-time boots-on-the-ground fashion. This is for the purpose of learning to think critically, discovering the truth from within—not just believing things blindly because it came from an "authority" or credible source. Instead of telling you what the truth is, we share information from many sources so that you can discern it for yourself. We focus on teaching you the tools to become your own authority on the truth, gaining self-mastery, sovereignty, and freedom in the process. We want each of you to become your own leaders and masters of personal discernment, and as such, all information should be vetted, analyzed and discerned at a personal level. We also encourage you to discuss your thoughts in the comments section of this site to engage in a group discernment process. 

"It is the mark of an educated mind to be able to entertain a thought without accepting it." – Aristotle

The opinions expressed in this article do not necessarily reflect the views of Stillness in the Storm, the authors who contribute to it, or those who follow it. 

View and Share our Images
Curious about Stillness in the Storm? 
See our About this blog - Contact Us page.

If it was not for the gallant support of readers, we could not devote so much energy into continuing this blog. We greatly appreciate any support you provide!

We hope you benefit from this not-for-profit site 

It takes hours of work every day to maintain, write, edit, research, illustrate and publish this blog. We have been greatly empowered by our search for the truth, and the work of other researchers. We hope our efforts 
to give back, with this website, helps others in gaining 
knowledge, liberation and empowerment.

"There are only two mistakes one can make along the road to truth; 
not going all the way, and not starting." — Buddha

If you find our work of value, consider making a Contribution.
This website is supported by readers like you. 

[Click on Image below to Contribute]

Support Stillness in the Storm