Stimulus

Make the Fed Publicly Owned and the Foundation of a Public Banking System – Gerald Epstein

Make the Fed Publicly Owned and the Foundation of a Public Banking System – Gerald Epstein

The Federal Reserve has been subsidizing the megabanks, but what’s needed is an institution that provides the backstop, the loan guarantees, the subsidies, the lines of credit, et cetera, to support the development of a whole variety of public financial institutions. Gerald Epstein on theanalysis.news podcast with Paul Jay.

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