Web of debt ellen hodgson brown
Ellen Hodgson Brown, J.D., is author of the recently published Public Banking Solution, but also the incisive and well documented The Of Debt – The Shocking..
Beating Wall Street at Its Own Game — The Bank of North Dakota Model
Posted on January 15, 2025 by Ellen Brown
North Dakota is staunchly conservative, having voted Republican in every presidential election since Lyndon Johnson in 1964.
So how is it that the state boasts the only state-owned bank in the nation? Has it secretly gone socialist?
No. The Bank of North Dakota (BND) operates on the same principles as any capitalist bank, except that its profits and benefits serve the North Dakota public rather than private investors and executives.
EXPLODING THE MYTHS ABOUT MONEY Our money system is not what we have been led to believe.
The BND provides a unique, innovative model, in which public ownership is leveraged to enhance the workings of the private sector. It invests in and supports private enterprise — local businesses, agriculture, and economic development – the core activities of a capitalist system where private property and enterprise are central.
Across the country, small businesses are now failing at increasingly high rates, but that’s n