Cited Book: Funny Money, A Common Sense Alternative to Mainline Economics


book cover recommend book⇒Funny Money, A Common Sense Alternative to Mainline Economics
by Paul Hellyer 978-0-9694394-2-4 hardcover
birth 1923-08-06 age: 91
publisher Chimo
published 1994
Published by Chimo Media. Hellyer is the former defense minister of Canada famous for his bureaucratic miracle of unifying the Canadian armed forces. His argument basically is why let the banks create money when we the people already own a bank — the Bank of Canada. Why should the banks reap the benefits? Why should government projects be funded at high interest, when the government’s own bank can lend to them at low or no interest?
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