PinnedImplementing Democratic Money without LoansDemocratic Money is an old idea suggested by Keynes, Marx, and modern monetary theorists (MMT), among many others. The idea is to give…Nov 24, 20241Nov 24, 20241
PinnedThe Reserve Bank and Governments Can Stop Inflation, have Full Employment and Increase Community…The Reserve Bank complains that it can only control inflation by changing interest rates. They are wrong. They can control inflation byDec 3, 2024Dec 3, 2024
PinnedHow to Stop InflationInflation is likely to occur when more money is available than goods and services to buy. This is not the only reason, as money is held in…Nov 2, 2024Nov 2, 2024
PinnedHidden Fees on Bank LoansAustralian media has been filled with stories about bank hidden fees on debit cards. However, a bigger one is hidden fees on loan accounts…Oct 16, 2024Oct 16, 2024
PinnedCommunity Capital and Social EvolutionSocial learning is to ideas what natural selection is to genes. Both are ways of picking out good solutions from a sea of variety. Mark…Apr 17, 2022Apr 17, 2022
Fair Loans — A New Era of Community BankingGovernments depend on banking to put money into the economy and to distribute it. Banking has remained the same for centuries, and it is…1d ago1d ago
Fair Loans and High ProductivityA loan is where a bank gives a person money, and the person promises to repay the money in the future. When a bank provides a loan, it…2d ago2d ago
The Business Case for RESCUE BankingThe spreadsheet above shows one year's loan payment from a regular bank and compares it to the payments from a RESCUE bank. The differences…4d ago14d ago1
Rescue Banks — Banks that Fix the Value of MoneyRESCUE is a system that any bank can quickly implement for its existing and future loans. The loans will not cause inflation and will…Feb 9Feb 9
Plutocracy vs. Democracy: Reforming Money Creation and CirculationEach year, the wealthiest 10% of Australians increased their wealth by as much as the remaining 90%.Feb 6Feb 6