money

Ellen Brown on Rising Interest Rates & Debt Forgiveness

Japan has found a way to write off nearly half its national debt without creating inflation. We could do that too, according to PBI founder Ellen Brown. Let’s face it. There is no way the US government is ever going to pay back a $20 trillion federal debt. The taxpayers will just continue to pay…

What Wall Street Costs America (and Arizona)

The Public Banking Institute (PBI) has initiated an educational project entitled “What Wall Street Costs America.” PBI and advocates around the country are learning to read Comprehensive Annual Financial Reports (CAFRs). All governmental bodies must issue annual CAFRs– including the State of Arizona (here), the State Retirement System (here), Pima County (here), Tucson (here), and Tucson…

Rising Debt Service Costs: Public Banks for Tax Relief

Here is a great article by Mike Kraus, one of the founding members of the Public Banking Institute and Chair of Pennsylvania’s Public Banking Project. This was originally published in the Bucks County Courier Times. By Mike Krauss Across the United States, states and municipal governments struggle to provide essential public services, such as schools,…