“We need to push for the opposite of this massive and Orwellian increase in centralisation, by decentralising money power. Hence the creation of community banks across countries, operated and controlled locally, accountable to local communities, and not-for-profit.

“The best working example is Germany, where for the past almost 200 years about 70 per cent of banking has been in the hands of not-for-profit community banks.”

— Prof. Richard Werner

Please follow and like us: