We are thrilled to share a sneak peek at the Seattle Loop, a fiscal strategy for generating public money for urgent needs in and beyond the city of Seattle.
The Strategy: By establishing a municipal bank, Seattle can purchase its own debt and “loop” the interest back to the city instead of to private creditors. In addition to providing residents with low-cost banking and financial services, the Seattle Loop simultaneously empowers myriad additional circuits of desperately needed public provisions–from social housing and municipal grocery stores to green jobs and a thriving arts scene.
See here for a more extensive discussion of the Seattle Loop.
Join the Movement: A growing movement is arising across the city of Seattle to make the Loop a reality. To join up and stay informed, please send an email to theseattleloop@gmail.com.
Click or swipe below to explore the animated pamphlet.
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