What is National Banking? Why is it Mandatory for Human Economic Development?
A note to readers: this is an old post on the archive website for Promethean PAC. It was written when we were known as LaRouche PAC, before changing our name to Promethean PAC in April 2024. You can find the latest daily news and updates on www.PrometheanAction.com. Additionally, Promethean PAC has a new website at www.PrometheanPAC.com.
Introducing a three part class series on National Banking—In 1791, with the creation of the Bank of the United States, Alexander Hamilton launched the greatest economic revolution in human history. Later, in 1862, with the issuance of the Greenbacks, Abraham Lincoln sparked the most powerful growth of industry and agriculture, again, in all of human history. Sovereign National Banking has proven, through its own accomplishments, that explosive economic growth and development can be willfully created, for the benefit of all of the people and for all future generations.
Part 1, February 26: Introduction: What Really is Economics?
Part 2, March 5: Alexander Hamilton and American Economics
Part 3, March 12: Lyndon LaRouche’s Economic Revolution