I'd love to read a good comparison of the different ways to bring the money flows savers, investors, borrowers, and businesses into harmony, and the question of how to allocate risk and losses. But this comes across like Ackerman has never heard of postal banking, or any of the other institutions that might fill this role like trusts, credit unions, churches, fraternal orders, etc. Oh, Jacobin.
I'd love to read a good comparison of the different ways to bring the money flows savers, investors, borrowers, and businesses into harmony, and the question of how to allocate risk and losses. But this comes across like Ackerman has never heard of postal banking, or any of the other institutions that might fill this role like trusts, credit unions, churches, fraternal orders, etc. Oh, Jacobin.