As alarm bells sound over the advancing destruction of the environment, a variety of Green New Deall proposals have appeared in the US and Europe, al… - Ellen Brown

The brief visit of then-Secretary of State Hillary Clinton to Libya in October 2011 was referred to by the media as a “victory lap.” “We came, we saw, he died!” she crowed in a CBS video interview on hearing of the capture and brutal murder of Libyan leader Muammar el-Qaddafi.... US-NATO intervention was allegedly undertaken on humanitarian grounds, after reports of mass atrocities; but human rights organizations questioned the claims after finding a lack of evidence....
Before 2011, Libya had achieved economic independence, with its own water, its own food, its own oil, its own money, and its own state-owned bank. It had arisen under Qaddafi from one of the poorest of countries to the richest in Africa. Education and medical treatment were free; having a home was considered a human right; and Libyans participated in an original system of local democracy. The country boasted the world’s largest irrigation system, the Great Man-made River project, which brought water from the desert to the cities and coastal areas; and Qaddafi was embarking on a program to spread this model throughout Africa. But that was before US-NATO forces bombed the irrigation system and wreaked havoc on the country.

Money might... indeed become a servant of humanity, transformed from a tool of oppression into a means of securing common prosperity. But first the central bank needs to become a public servant. It needs to be made a public utility, responsive to the needs of the people and the economy.

The money issued by governments to finance public projects has a long and successful history dating back at least to the beginning of the 18th century, when the American colony of Pennsylvania issued a currency that was both lent and spent by the government local in the local economy. The result was a period of unprecedented prosperity achieved without inflation or taxes.