Candidate proposes Minnesota money
A minor party candidate for governor is proposing the creation of a state currency.
Ken Pentel, who's running as a Ecology Democracy Party candidate, announced a new money plan today that he said would an effective tool for stabilizing the economy.
"By creating a Minnesota currency, we would take responsibility where the federal government has not by allowing the people to have greater control and power over the monetary system at a community level," Pentel wrote." Interest free loans could be made which would in turn create less debt and allow the borrower less burden over the course of time. And most important, it would counter one of the key drivers of ecological overshoot."
Pentel has run previous campaigns for governor under the Green Party banner.
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