The Uni Currency Project
Introducing: The Seattle Loop
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…
Democratic Public Finance: A Radical Vision for Mamdani’s New York City
Summary This document elaborates an emerging economic paradigm that is already latent in Zohran Mamdani’s plans and practices. The paradigm, which we call Democratic Public Finance (DPF), reframes money as an inexhaustible and malleable public institution. According to DPF, money is public credit, a capacious tool for mobilizing everyone’s capacities to meet our needs and…
Blue Bonds: A Fiscal Strategy for Overcoming Trump 2.0
By the Money on the Left Editorial Collective The Trump Administration has plunged the United States into a constitutional crisis. The President’s destructive executive orders and Elon Musk’s aggressive interventions in state agencies and payment systems have repeatedly violated federal law and undermined Congress’s constitutional authority over spending and taxation. Central to the right’s “Cold…