Oh Canada! Time to Bring Back Your Public Banking System.
April 27th, 2012 | Currency, D.I.Y., austerity, budget cuts, Canada, debt, Ellen Brown, interest, pennies, public banking, welfare cuts
The following article is written by Ellen Brown author of “Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free.” She is the leading champion of the public banking system and has been a lone voice on this issue for quite some time. Her book Web of Debt is fantastic and really gives a good history of where our current money issues come from. I have been following her articles ever since I read her book. She is remarkable in her honest and fearless presentation of the currency issues across time. She was the first person to point out how dangerous the student debt situation is among many other things. This article is a good look at what has happened to Canada since 1974 when the public bank was shut down.