Thursday, May 2, 2013 - 11:00am - 12:15pm
Recording and/or Handouts:
Money, as a man-made invention, comes in many forms. Whether as gold coins, debt, paper certificates, or as frequent flyer miles, money (as a medium of exchange) provides many benefits for a community. But money is often misunderstood as wealth, or the productive capacity of a community. In other words, a community can produce all the goods and services that everyone in a community needs, and be quite wealthy as a result. If no money is needed for a community to be wealthy, where is its place? This conference call will be a discussion of how public banking can further the creation of sustainable, productive assets in communities so that wealth can be optimized.
Marc Armstrong is a business development professional with extensive experience in the software industry, with specific experience in providing technical consulting for nonprofits and small/medium size businesses. His educational background includes an MBA UCLA in Information Systems and Organizational Behavior. His professional work experience includes a series of Sales, Business Development, and operations management positions, first with IBM Finance, and then with SAP Technical Development partners headquartered in Europe that were developing the U.S. market. His most recent engagement has been starting a nationwide educational non-profit supporting banking reform, which has resulted in over seventeen bills in statehouses nationwide in the last 24 months.