by Carl Herman, November 6, 2009
The solution is structurally simple for the public benefit of conservatively $1 trillion every year (read here for a comprehensive explanation, one paragraph summary next paragraph), and has been advocated by many of America’s sharpest historical minds. States can take control of their financial problems through state-owned banks; ending interest payments on their debt and earning profit by providing 2% mortgages for the good of the public.
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