private banks

Covid ‐ 19 Capitalism, Neoliberal Debt & the Need for Sovereign Money

… If no one borrowed, our capitalist economies would go into severe contraction because the vast majority of our money is created as debt. This is why financial elites were rattled during the global financial crisis: they feared credit would …

Covid ‐ 19 Capitalism, Neoliberal Debt & the Need for Sovereign Money

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