Public Banking Institute News & Views
Walt McRee, Ellen Brown, Oscar Perry Abello, AthenaA lively discussion on how publicly-owned banks can turn economies around, be engines of healthy local investment, return control of our state and city revenues to the people who live there, and create stability ... before the next crisis.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 27 | Subscribers | Read | publicbankinginstitute.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
“Banks Don’t Take Deposits and They Don’t Lend Money”
Contrary to common belief, banks create new money when they make loans – they conjure money in your name “from nothing”. So if we had public banks, we could create public financing instead of having to acquire more expensive Wall Street deb...
After 106 Years of Banking Calamities, We Should Have Learned What Works Best...
While banking is an essential public utility, there is only one publicly-owned bank in the US, the Bank of North Dakota. It is 106 years old today. PBI’s Ellen Brown describes the difference in Just Money’s recent paper titled “Why public f...
Local Budget Cuts Accelerate Need for New Public Banks
Facing growing budget deficits and increased costs, economic forecasters predict that local governments are entering a challenging new age of public debt and fiscal austerity following the recent passage of the Trump Administration’s “Big B...
Financing Philadelphia's Future with Oscar Perry Abello
On Tuesday, April 27, 2025, author-journalist Oscar Perry Abello joined “Financing Philadelphia’s Future” (FPF) for an interactive Zoom discussion in conversation with FPF host Peter Winslow. Abello discussed his recently published book, Th...
Authors
The writers behind this newsletter.
President and Chair of Public Banking Institute.
Founder and co-chair, Public Banking Institute; author of 400+ articles and 13 books, including "Web of Debt" and "The Public Bank Solution."
Senior Economic Justice Correspondent, Next City Magazine. Writing a book about the banking system. NYC.
Create Public Banks Now!
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