“The Green Party believes
December 2025 › Forums › General discussion › 100% reserve banking › “The Green Party believes
“The Green Party believes that the power to create money must be removed from private banks.” Not only here in the UK. Ellen Brown is the US Green Party of California candidate for the state- treasurer. “ We’ve had to tighten our belts, slash services, and sell off public assets because “we don’t have the money.” But we do. All money is simply credit – negotiable IOUs – and it is created by banks when they make loans. We can generate a huge credit base by forming our own state-owned bank – The Bank of North Dakota, the nation’s only publicly-owned state depository bank, has proved the model….I believe public banking is the wave of the future and the most viable way to get out of our current financial and budget woes…. We cannot have a sustainable environment or sustainable communities without a sustainable banking system, one that returns the profits to the people rather than siphoning them off for private gain…” http://www.cagreens.org/elections/2014/statewide-candidate-questionnaire-ellen-brown-treasurer The allure of the miracle of the quick-fix for all the problems of capitalism!! She is less Green Party but more 19th c Greenback Party http://ellenbrown.com/monetary-proposal/
