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UID:Indybay-18825389
SEQUENCE:18973873
CREATED:20190811T160700Z
DESCRIPTION:Beginning on August 10th, the Strike Debt Bay Area Economics Book Group 
 began discussing Banking on the People: Democratizing Money in the Digital 
 Age. We tackled the introduction and first chapter, available through the 
 'Look Inside' feature on Amazon, for the August 10th meeting.\n\nFor our 
 September 7th meeting, we will be discussing the rest of the first section, 
 Chapters 2-6.\n\nAll are welcome!\n\nThe Economics Book Group began with 
 Doughnut Economics and continued with Take Back the Economy.  We read a 
 chapter or two every month.\n\n"Today most of our money is created, not by 
 governments, but by banks when they make loans. This book takes the reader 
 step by step through the sausage factory of modern money creation, explores 
 improvements made possible by advances in digital technology, and proposes 
 upgrades that could transform our outmoded nineteenth century system into 
 one that is democratic, sustainable, and serves the needs of the 
 twenty-first century."\n\n“In Banking on the People, attorney Ellen 
 Brown provides a much-needed roadmap for reforming monetary and credit 
 systems and the central banks now strangling our common human future. More 
 lucidly that any other expert I know, she shows how we can break the grip 
 of predatory financialization now extracting value from real peoples’ 
 productive activities all over the world. Her in-depth research and 
 systemic overview of the global and local politics of money-creation and 
 credit allocation include all the viable proposals of global experts and 
 reformers. She reviews many of these reforms: from financial transaction 
 taxes, to a universal basic income to provide purchasing power for the 
 cornucopia of goods and services now produced, to expanding the public 
 banks she so ably promotes via the Public Banking Institute, to returning 
 the Fed and all banks to serving the public utility functions that 
 economies require. This book is a must read for citizens in all societies 
 who see the promising future as we seek to widen democracies and transform 
 to a cleaner, greener, shared prosperity, based on the renewable abundance 
 of free daily energy from our sun.” - Hazel Henderson, CEO of Ethical 
 Markets Media and author of Mapping the Global Transition to the Solar Age 
 and other books.\n\n \n\n \n\n \n 
 https://www.indybay.org/newsitems/2019/08/11/18825389.php
SUMMARY:Economics Book Group: “Banking on the People.”
LOCATION:Omni Commons\n4799 Shattuck, Oakland, CA\n(look on whiteboard near entrance 
 for room location)
URL:https://www.indybay.org/newsitems/2019/08/11/18825389.php
DTSTART:20190907T233000Z
DTEND:20190908T010000Z
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