Banks are the primary creators of money. This raises the question of whether society should reclaim this sovereign power through public ownership of financial institutions.

Ellen Brown,

Banks are the primary creators of money. This raises the question of whether society should reclaim this sovereign power through public ownership of financial institutions.

Ellen Brown, founder of the Public Banking Institute, advocates for owning banks—or at least some of them. She argues this would safeguard public and private deposits, redirect profits to the public interest, ensure control over credit allocation, and reduce government expenses.