Fixing our monetary and banking system requires more than tweaks to an obsolete system. This book proposes an overhaul of the monetary system itself—a rethinking of what money is and how it enters the economy. Yet, implementing this level of systemic change, history shows, is not as radical as it sounds.
This book looks at how our banking system really works, the inherent contradictions in the model, and why regulation has not worked to fix them. It then explores some new developments and proposes a model that bypasses exploitation for private profit,