Tag Archives: public banking

In a democratic country — government of the people, by the people, for the people — who “owns” the government’s money? Either money is privately owned (people, companies, corporations, investment banks, etc) or it’s publicly owned. If through taxes, bonds, borrowing, printing, digital creation, money is deposited in the U.S. Treasury for later disbursement, whose money is it? Who actually OWNS that money before it’s sent on its way to pay the bills? Continue reading →