People, Planet
& the Power of Money
PROJECT
The People, Planet & the Power of Money Project is a public education initiative undertaken to give the basic facts on how our money is created and how it should be created. This is basic information that we all should have, but the vast majority of us lack. With this information we can tackle both the environmental and inequality crises that confront us today. Without this information we can expect our society to continue to stumble along, unable to find the money necessary for the known challenges of the day and unknown ones that are sure to confront us in the future.
Econ 101 is the only economics course I have ever taken. In it our instructor informed the class that we would skip the chapter on the Federal Reserve because only a few people in the country were capable of understanding how our money is created within the Federal Reserve System. In other words, we weren’t smart enough to understand it. It was only decades later that I happened across the answer in my reading as an activist.
After learning about our money creation process, I began the PPPM Project with the goal of actually bringing our monetary system in line with what the majority of us believe it should be.
Most of us have a basic understanding that:
- Our government creates our money.
- Banks only loan money that already exists
- The Federal Reserve System is part of the U.S. Government.
Although these three statements seem inherently accurate, in actuality, NONE OF THESE ARE TRUE!
The following line items are the truth about how our money is currently created:
- Our government creates only a tiny sliver of our money.
- Banks only loan money that they create out of thin air when they make a loan. This bank-created debt-money makes up almost the entirety of the money supply that fuels our economy and lives
- The Federal Reserve System is independent of the U.S. Government and all 12 Federal Reserve Banks are 100% owned by the private banks in their districts
Educating
Ourselves and
Each Other
I am not an economic scholar and am upfront about my lack of academic standing when taking on the economics establishment. I have done extensive research, attended a multitude of meetings, conferences and conversations, as well have made many connections with some of the top scholars in the monetary reform movement.
The People, Planet & the Power of Money Project was created to share what I had learned in the hope of arming people with the truth about how our money is created. This knowledge would then allow us to make an informed decision on what type of monetary system we should have.
I gathered all I had learned and have presented it in 3 books that make the case for publicly created money. Each book title reflects the one and only economics course I did take, Econ 101. Well in excess of 500 academic, historical, government and journalism sources were used to compile the information. The Project’s most often used source is the Federal Reserve System itself. The bibliography contains numerous sources that are available online to all, in addition to some sources that are quite difficult to find.
The People, Planet & the Power of Money Project books are not boring textbooks about economic theories and formulas, but rather the basic, necessary information we all need as citizens to determine what type of money system we should have and who should create this money—our government or private entities.
“Changing our money system to one that’s better for people and planet can only be brought about through education. That education begins with an understanding of how our current money system came to be.”
Money Creation 101, Nick Egnatz
Support Organizations
Making a Difference
While it is important to be informed of how our money is created and how monetary reform can change the wellbeing of our planet and its inhabitants, not everyone will feel comfortable speaking or volunteering on that specific subject.
The list below contains organizations that Nick Egnatz generally supports. It may be that one of them is more in alignment with your gifts, talents and passions.
Click Any Organization on the List to Open Their Website in a New Tab for More Information.
