'Jobs Bank' to create 'Jobs Money' I
Central banks create 'State Money'. Commercial banks create 'Bank Money'. This money supports the government and investment economy ... the economies of Washington and Wall Street.The real economy of Main Street is different ... it is about food and water, housing and clothing, health and education, faith, sport and entertainment ... for people. To pay for their basic needs, people need to have money ... jobs that pay wages. Jobs are part of economic activity that produces goods and services that satisfy needs ... and if these jobs are not funded with either 'State Money' or 'Bank Money', they should be funded by 'Job Money' created by a 'Jobs Bank'.
For more on this contact Peter Burgess ... peterbnyc@gmail.com
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