Click for paperback or Kindle
Click for paperback or ebook
Click for paperback or ebook
Ever since December 2008, the Federal Reserve has held short-term interest rates near zero. This was not only to try to stimulate the housing and credit markets but also to allow the federal government to increase its debt levels without increasing the interest tab picked up by the taxpayers.
Read more here –
http://www.webofdebt.com/articles/brokers_bookies.php
Filed under: Ellen Brown Articles/Commentary |
PRN.FM Radio Show, 3pm EST Wednesdays. Click image for archives.
— 2023 —
1163. 3-24/25-23, United for Free Speech Webinar.
1162. 3-23-23, 9 am EST, Interview, The Power Hour.
1161. 3-19-23, Interview with James Corbett, “Alternative Solutions to the Banking Crisis.”
1160. 3-16-23, 5 pm pst, National Infrastructure Bank Coalition Zoom Town Hall, TBA
1159. 3-14-23, 5 pm EST, Living In The Solution with Dr. Elaina George
1158. 3-9-23, 8 am PST, Sarah Westall, podcast
1157. 3-2-23, 11 am EST, The Gary Null Show, PRN.live.
1156. 2-25-23, 15:00-17:00 GMT (Ireland), Think Local Conference 2023, Panel 3 – Money & Economics – New Paradigms
1155. 2-16-23, 5 pm pst, National Infrastructure Bank Coalition, “Washington, Hamilton, Lincoln: National Banking and the Economic Demands of Today’s Crisis,” NIB Zoom Town Hall
1154. 1-19-23, 5 pm pst, National Infrastructure Bank Coalition, “National Banking Will Drive a U.S. Economic Boom!” NIB Zoom Town Hall
— 2022 —
1153. 12-15-22: 5 pm pst, National Infrastructure Bank Town Hall presentation.
1152. 11-17-22: NIB Zoom Town Hall, “The Next Steps: The American System and the National Infrastructure Bank.”
1151. 10-19-22: NIB Zoom Town Hall, “Rebuild the Nation with a New Reconstruction Finance Corporation.”
1150. 10-8-22: 18th Annual AMI Monetary Reform Conference, 2022 “The Monetary Scene: The Last Three Years,” power point presentation.
1149. 9-8-22, 5 pm pst: NIB Zoom Town Hall, “US at the Crossroads: American Industrial Recovery or Fed Chair Powell’s Recession.”
1148. 8-11-22, 5 pm, National Infrastructure Bank Coalition webinar.
1147. 8-2-22, noon pst, interview by Rep. Pamela Powers Hannley, “Powers for the People” podcast (joining Prof. Bob Hockett).
1146. 8-1-22, 5:50 to 6:10 pm pst, interview with Scott Harris, WPKN Radio in Bridgeport, CT, “Between the Lines.”
1145. 7-22-22, 5 pm pst, National Infrastructure Bank Coalition webinar.
1144. 7-8-22, 5 pm pst, Interview with Kevin Barrett, Truth Jihad Radio.
1143. 6-30-22, 5 pm pst, National Infrastructure Bank Coalition webinar with Prof. Robert Hockett, Sen. Bob Hasegawa, et al.
1142. 6-16-22: National Infrastructure Bank Coalition webinar on stagflation with Nomi Prins, Robert Hockett, et al.
1141. 6-10-22: TNT radio interview with Sen. Malcolm Roberts, Australia.
1140. 5-19-22: 5 pm pst, National Infrastructure Bank town hall presentation. https://www.nibcoalition.com/all-videos
1139. 5-17-22: 11 am pst, interview, Kerry Lutz’s Financial Survival Network.
1138. Apr. 22, 5 pm cst, interview, The Hrvoje Morić Show, TNT Radio
1137. Apr. 22, 11 am est, Gary Null Show, PRN Live
1136. Apr. 20, 7 pm cst, webinar, “Public Banking: Investing in Colorado!,” Colorado Public Banking Coalition
1135. 4-19, 9 am pst, interview with Simone Mariam for the Italian blog MittDolcino
1134. Apr. 19, 12:30 pm pst, interview with Jay Taylor, “A PetroRuble Now Competes with the PetroDollar”, Jay Taylor Media
1133. Apr. 15, Interview with Kristina Borjesson, The Whistleblower Newsroom, bitchute, “History Informs a Reset That Could Serve the People”
1132. Apr. 8, Interview with Kevin Barrett, Truth Jihad Radio, 5 pm pst
1131. Apr. 6, Podcast with Bob Scheer, ScheerPost.com
1130. Mar. 31, Power Point presentation on youtube, Universidad Nacional de Colombia, Invita: Debates Ensayos de Economia Coordina: Guillermo Maya — Profesor adscrito al Departamento de Economia
1129. Mar. 10, Webinar presentation, “Stop Inflation in Its Tracks! Role of the National Infrastructure Bank”
1128. Feb. 17, Webinar presentation for National Infrastructure Bank Coalition, Abraham Lincoln and the American System of Economics
— 2021 —
1127. Dec. 18, Daniel Estulin and Ellen Brown on Global Economic Implosion, Kevin Barrett Truth Jihad
1126. Dec. 7, Interview with Daniel Estulin
1125. Nov. 27, “The Greening of Finance and the Global PPP Land Grab” with Matt Ehret on youtube
1124. Sep. 29, interview with Jan Roberts of Systems Change Advocate, jroberts@ciaction.org> linkedin.com/in/jan-roberts-0001688 Systems Change Advocate
1123. Aug. 30, Center for Global Justice webinar with Walt McRee, “Public Banking: Democratizing Finance”
1122. July 28, 5 pm pst, webinar, “Public Banks: A Path to Economic Transformation in California,” EcoCiv Dialogues for Global Systems Change series
1121. July 22, 5 pm pst, webinar, “The Truth about America’s Monetary System,” American Ethical Union National Conference
1120. Mar. 29, 2 pm est, panel hosted by Rickey Gard Diamond, “Zoom of Our Own, Creating Currency and Blowing Big Bubbles.”
1119. Mar. 25, 11 am pst, BoldRethink webinar, TBA
1118. Mar. 21, 10 am pst, Public Banking panel, TBA
1117. March 5, Sean Stone interview, Unrig
1116. March 2, PBI Live Town Hall, Ohio
1115. Feb. 23, 7 pm est, Eco Justice Collaborative Webinar, “Why the Crises We Face Make Financial Reform Essential,” Religious Society of Friends, Philadelphia
1114. Feb. 17, 11 am, Steff Overbeck, Pod of Gold radio interview
1113. Feb. 18, radio interview, Phil Mikan, wlis1420
1112. Feb. 16, National Infrastructure Bank Coalition Presidents’ Day Webinar 2021 – “National Infrastructure Bank: Standing on the Shoulders of Giants”
1111. Feb. 6, radio interview, Sylvia Richardson, Latin Waves
1110. Jan. 28, 6 pm est, PBI NY Town Hall
1109. Jan. 27, “Ellen Brown and Matt Ehret Discuss: A Brief History of Economic Warfare and the American System”, youtube
1108. Jan. 16, 11 am cst, Warner Lewis, Lewis at Large (Kansas City), KLWN, 101.7 FM
1107. Jan. 15, 3-5 pm, Revolution Radio, The Fetzer Report
1106. Jan. 8, 4 pm PST, zoom power point presentation, Praxis Peace Institute
— 2020 —
1105. Dec. 30, 3 pm EST, Eleanor LeCain radio show on PRN
1104. Dec. 28, 9 pm EST, interview on WPKN Radio with Scott Harris, Between The Lines Radio
1103. Dec. 13, Ramola D. Reports, US/UK news panel #11, with Prof. Tim Canova, et al.
1102. Dec. 12, podcast/radio interview, Ralph Nader Radio Hour
1101. Dec. 6, Ramola D. Reports, US/UK news panel #10, with Dr. Christiane Northrup et al.
1100. Nov. 29, Ramola D. Reports, News Panel 9, with Justin Walker, Andy Kaufmann, John Reizer, Sandi Adams
1099. Nov. 3, Turning Point Talks, Australia, Zoom power point presentation, 7 pm Australia time
1098. Nov. 1, 4 pm pst, panel, 2020 Building the New World Conference
1097. Oct. 26, Phil Mikan Show, WLIS/WMRD Radio, Conn., pre-recorded for Friday at 10 est or Saturday at 9-11 est
1096. Oct. 22, 1:15 pm EST, power point presentation, “Public Banking, Modern Monetary Theory (MMT) and the National Debt,” Carolina Hills Community, Chapel Hill, NC
1095. October 3, 1:30, “Energizing a Just Transition Conference.”
1094. Sept. 30, webinar,2020 Building the New World Conference, 4 pm pst/7 pm est
1093. Sept. 12, San Diego public banking group webinar with Sen. Ben Hueso, 5 pm
1092. Sept. 9, interview with Meria Heller, 10 am pst
1091. Aug. 30, interview with Jack Etkin, Citizens Forum, Community Television, Victoria, BC, 2 pm pst
1090. Aug. 17, The Power Hour, 10 am PDT.
1089. July 30, 4 pm PST, John Truman Wolfe Financial Hour
1088. July 15, 6 pm EST, Connecticut Public Banking Town Hall, livestream here
1087. July 13, Webinar, Center for Global Justice, “Why Public Banking Needs to Be Run as a Public Utility,” San Miguel de Allende, Mexico, 11am-1pm PDT
1086. Interview with Susan Johnson on public banking for Connecticut, WILI’s Let’s Talk About It Show, 5 pm EST
1085. Interview on Russia Today, “In Question,” “BlackRock the Behemoth,” July 2, 2020
1084. July 1, Bonnie Faulkner interview with Peter Koenig on Guns and Butter
1083, July 1, 8 am PST, interview with Phillip Farruggio, “It’s the Empire, Stupid,” Greanvillepost.com
1082. June 29, 9-9:30 pm EST, interview with Scott Harris, “Between the Lines,” WPKN Radio, Conn.
1081. June 24, 6-6:30 pm EST, interview with Paul DeRienzo, WBAI News, New York City
1080. June 23, 6:30-8pm MST, Webinar on Forming a New Mexico State Public Bank, Alliance for Local Economic Prosperity
1o79. June 10, podcast with Kim Iverson, “The Fed and the Big Bank Wealth Heist. Why We Need Public Banking.”
1078. Interview with Sylvia Richardson, Latin Waves, 10 am PST
1077. June 5, 6 pm pst, Center for American Studies Town Meeting, Concord, NH, live-streamed
1076. June 5, 12:30 pm, Public Banking Town Hall for Colorado Leaders, Zoom conference
1075. May 28, WECAN webinar, “Structuring an Economy for People and Planet in the Time of Climate Crisis and COVID-19,” 11:00 am PST/ 2:00pm EST
1074. May 22, Interview with Kevin Barrett, Truth Jihad Radio, 5 pm PST
1073. May 21, Interview with Aaron Wissner, Local Future, Youtube livestream
1072. May 20, radio interview, “Law and Disorder,” New York City
1071. May 13, interview with Paul Jay, “Does Public Banking Work?”, The Analysis
1070. May 10, 12:00-1:00 PM EST, Dr. Elaina George radio show
1069. May 7, 11 am EST, interview with Phillip Farruggio, “It’s the Empire, Stupid,” Greanvillepost.com
1068. May 6, Conversations with Rob, community radio, 9 am PST
1067. Apr 4, interview with Walt McRee and Mark Anielski, The Economics of Wellbeing podcast (pre-recorded, TBA)
1066. May 2, podcast with Matt Stannard, Cowboys on the Commons
1065. May 1, Interview with Robert Scheer, Scheer Intelligence, KCRW Los Angeles
1064. April 30, 12 noon MDT, Public Banking Virtual Town Hall sponsored by Colorado Public Banking Coalition
1063. April 30, 6-6:30 pm, interview with Paul DeRienzo, WBAI News, New York City
1062. Apr 29, 1 pm PST, radio interview with Reinette Senum, KVRM, Nevada City, CA (pre-recorded)
1061. Apr 26, Schiller Institute Online Conference, 3 pm EST
1060. Apr 26, 6:30 am PST, Morano in the Morning radio talk show
1059. Apr 21, Interview with Jason Hartman, Creating Wealth Show
1058. April 13, “Flashpoints,” KPFA, 5:40 pm PST.
1057. April 9, radio interview with Claudia Cragg, “It’s the Economy,” KGNU Boulder CO, 6 pm MST.
1056. April 7, “Treasury Takeover?”, podcast interview with Sarah Westall and Harley Schlanger
1055. March 26, interview with Phillip Farruggio, “It’s the Empire, Stupid,” Greanvillepost.com
1054. Mar. 17, 7 pm EST, interview with Gary Null, Progressive Commentary Hour
1053. Feb. 19, radio interview on George Noory’s “Coast to Coast,” 10-12 pm pst.
1052. Feb. 8, interview with Sylvia Richardson, “Latin Waves” radio podcast.
1051. Jan. 8, interview with Marcus Ruiz Evans, 1 pm PST
1050. Jan. 2, interview with Kevin Barrett, truthjihadradio, 5 pm PST
— 2019 —
1049. Dec. 2, Interview with Jeff J. Brown, China Rising Radio
1048. Nov. 24, 7 pm, presentation sponsored by Agenda for a Prophetic Faith, Claremont Presbyterian Church, Claremont, CA, “Why We Need Public Banks”
1047. Nov. 24, 11 am, public banking presentation for “Growing Christians” class, Claremont United Methodist Church, Claremont, CA
1046. Nov. 23, public banking presentation, Pilgrim Place, Claremont, CA
1045. Nov 16-17, speaker, Soil & Nutrition Conference, Southbridge, MA.
1044. Nov. 12, interview in New York with Max Keiser, Keiser Report, “Repo Markets and UBI”
1043. Nov. 6, 5 pm EST, The CivicLab Show with Tom Tresser, live@www.facebook.com/tomtree
1042. Oct. 23, 11:30 am-1:30 pm, luncheon presentation on public banking, League of Women Voters of San Diego, Tom Ham’s Lighthouse Restaurant, 2150 Harbor Island Dr., San Diego
1041. Oct. 22, Presentation on public banking, DSA San Diego, Unite Here Union Hall, 2436 Market Street, San Diego, 6-7:30 pm.
1040. Oct 16-18, keynote speaker, Economics of Happiness conference, Jeonju, South Korea
1039. Oct. 6, 6 pm pst, interview, Jeff Rense Radio.
1038. Sept 30, noon EST, radio interview with Pauline Salotti, WUSB, Stony Brook, NY, 90.1 FM, wusb.fm.
1037. Sept. 26, 7 pm presentation, “Exploding the Myths of Money and Banking,” New Paradigm College, Lake County, CA
1036. Sept. 20, podcast interview, Silver Doctors
1035. Sept. 19, 8-9 pm pst, interview, Jeff Rense Radio.
1034. Interview, Sept. 13 at 5 pm–6 pm on KPFZ, Lake County community Radio, 88.1 FM.
1033. Sept. 6, Live with Ernest Hancock, 11 am EST (at 2 hour mark on video)
1032. Aug. 26, interview with Jason Hartman, Creating Wealth Show, 12:00 pm PST.
1031. Aug. 9, interview with Lauren Steiner, youtube
1030. July 25, youtube podcast with Sarah Westall, “This is Why China Is Winning”
1029. July 23, interview with Steve Bhaerman, Wiki Politiki Radio Show, 2 pm pst.
1028. July 19, interview with Kevin Barrett, truthjihadradio, 5 pm PST
1027. July 12, 11 am pst, interview with Annie Esposito and Steve Scalmanini, “Corporations & Democracy,” Mendocino County, CA, www.KZYX.org
1026. Interview with Crystal Arnold, Money-Wise Women, posted July 10
1025. July 9, interview with Liz Lane, “It’s the Economy,” KGNU Boulder/Denver/Ft. Collins, 6 pm MDT/8 pm EDT.
1024. June 23, interview with Mark Anielski, “The Economics of Well-being”
1023. June 15, interview with Tom Allen, “This Week in Money,” HoweStreet.com
1022. June 13, Interview with Sinclair Noe, “Financial Review,” MoneyRadio1510.com (pre-recorded)
1021. June 12, 2 pm, interview on Princeton Community TV, Princeton NJ, “The Public Banking Solution” with Walt McRee
1020. June 1, interview with Sylvia Richardson, “Latin Waves” radio podcast.
1019. Apr. 5, interview with Phillip Watt, healbyhypnosis.com, 3 pm, PT
1018. April 3, panel discussion on Green New Deal, BBC World Service, “The Balance”
1017. March 28, interview on Thom Hartmann show.
1016. March 22, interview with Sinclair Noe, Money Radio 1510
1015. March 11, interview with Phillip Farruggio, greanvillepost.com, 11 a.m. EST
1014.
1013. Feb. 9, interview with Sylvia Richardson, Latin Waves, 8 a.m. PT
1012. Feb. 8, interview with Kevin Barrett, truthjihadradio, 6 pm, PST
1011. Jan. 31, interview with Lee Camp, LeeCampComedySpecial.com
1010. Jan. 3, interview with Robert Stark, The Stark Truth with Robert Stark, re The Green New Deal https://www.starktruthradio.com/?p=8534
— 2018 —
1009. Dec. 17, interview with Scott Harris, WPKN radio, Bridgeport, CT, Between the Lines Radio Newsmagazine, 9:30 ET
1008. Nov. 2, Interview with Mike Prysner on Real News Network, https://therealnews.com/stories/will-public-banking-free-la-from-wall-street
1007. Oct. 31, interview on Real News Network, Student Debt Dogs Millenials for a Lifetime and Drags Down the Economy, https://therealnews.com/stories/student-debt-dogs-millennials-for-a-lifetime-and-drags-down-the-economy
1006. Oct. 22, speaker with Gar Alperovitz at Praxis Peace Institute, “Changing the System: California’s Strategic Role in National Strategic Change,” Sonoma, CA, 276 E. Napa St, Sonoma. 7:00 pm.
1005. Oct 19-21, Bioneers Conference, panelist on Oct 20, 2:45 pm, Marin Center, San Rafael, CA.997.
1004. Oct. 18, 350Marin.org, speaking along with Susan Harman, 750 Lindaro Street, San Rafael CA, 6:30pm.
1003. Oct. 17, video interview with Abby Martin, work in progress.
1001. Oct. 11, Interview with Harvey Wasserman, Greenpower and Wellness, prn.fm, KPFK Los Angeles, 2 pm
1000. Oct. 9, speaker, State Bank Forum, University of Washington, Kane Hall, 7-9pm http://sdc.wastateleg.org/hasegawa/state-bank/
999. Oct. 7, panel, Americans for Democratic Action of Southern California Annual Garden Party, 2-5:30 pm, Santa Monica, CA
998. Oct. 4, 7:30 pm, Living Economy Salon, panelist, Public Bank LA: “Solutions for Social and Environmental Justice”, 3110 Main St., Annex Building C 2nd Floor, Santa Monica, CA 90405
997. Oct. 3, interview on Unmediated, podcast of Reader Magazine, episode title: Making Money The Public’s Slave (The Public Banking Solution), 10 a.m. PT
996. Oct. 1, radio interview, “The Power Hour,” www.thepowerhour.com, 2 pm
995. Sept. 28, interview with Sinclair Noe, Money Radio 1510, pre-recorded for a later date
994. Sept. 20-22, California Vision 2020 Conference, speaking at 11 am on Sept 20, Sheraton Grand Hotel , Sacramento.
993. Sept. 10, interview with Lila Garrett on KPFK, “Connect the Dots”, http://www.kpfk.org/on-air/connect-the-dots/ 7. a.m. PT
992. Sept. 4, interview with Steve Bhaerman, Wikipolitiki Radio, wikipolitiki.com, 2 pm PT
991. Aug. 31, interview with Kevin Barrett, truthjihadradio. 6 pm PT
990. Aug. 26, Left Coast Forum, 1:30 pm, Los Angeles Trade Tech
989. Aug. 22, interview, the Gary Null Show, 9:40 PST
988. Aug. 14, podcast interview with Sarah Westall, 9 am pst/11 am cst
987. Aug. 8, interview with Tom Allen, “This Week in Money”, HoweStreet.com
986. Aug. 9, interview with Sinclair Noe, Money Radio 1510, pre-recorded for a later date
985. Aug. 3, 9-10 pm pst, radio interview with True Ott
984. Aug 2, New York Green Party video livestream, 5 pm PST
983. Aug. 1, interview with Elizabeth Dougherty, The Dougherty Report, Newsradio 102.5 WFLA, 3 pm PST
982. July 21, guest on WakingupinAmerica.com, 6:45 a.m., PDT
981. June 28, interview on MONEY RADIO with Sinclair Noe, 11:00 a.m., PST
980. May 16, “It’s Our Money,” PRN.FM, 3 pm est
979. May 16, interview with Michael Welch, Global Research, 11 am pst
978. May 4, First Unitarian Church, Portland, power point presentation, “How Public Banking Would Benefit Portland and Oregon”, 7-9 pm
977. April 17, Retirement Lifestyle Advocates radio program, 1 pm PT
976. April 13, interview, the Gary Null Show, 9:35 a.m., PT. Subject: The Bayer-Monsanto Merger Is Bad News for the Planet.
975. April 12 “Mind Over Matters,” KEXP, Seattle, 9 am PT
974. April 5, interview with Deb Hobson, KOPN 89.5 Democracy Now! Chautauqua, 4 pm PT
973. Mar. 10-12, PBI retreat, Loveland, CO
972. Mar. 22 interview with Sinclair Noe, The Financial Review, Money Radio 510, 1:30 pm PST
971. Mar. 19, Coast to Coast AM radio, 10pm-midnight, PST
970. Feb. 28, interview with Ian Trottier, Miami Radio, http://iantrottier.com/, 5:15 pm EST. Listen here, bit.ly/EllenBrownCA
969. Jan. 23. 18th National Conference and Global Forum: The Science Business, and Education of Sustainable Infrastructure, Washington DC, panel
968. Jan. 20, Interview with Primo Nutmeg https://soundcloud.com/primonutmeg
967. Jan. 17, It’s Our Money, 3 pm est–listen here.
966. Jan. 17, interview with Valerie Kirkgaard, http://www.wakingupinamerica.com, 2 pm PST
965. Jan. 2, Interview withJeff Rense, rense.com, 9 pm PST
— 2017 and before, see —
Blog at WordPress.com. WP Designer.
WEB OF DEBT BLOG
Thanks for demystifying derivatives. On of your best articles.
Wouldn’t it be great if we could change our financial system! During times of crisis, it seems that change is possible. From the beginning, though, when Washington appointed Alexander Hamilton Sec of Treasury, the newly formed Republic stepped away from its sovereign right to originate money. It gave the money power to the bankers, the bondholders, and the speculators. From the beginning, wealth was granted the greatest entitlement of all: the money power.
Our beliefs about money are still primitive on the whole. People still think money has to be “worth something”. “Fiat money”, FRN’s, are just paper, and intrinsically worthless. The new Republic was afraid of the money power because the experience of the hyper-inflationary Continental was so fresh. Confidence in the new government was not high. Mistrust of government ran deep. Bankers and money men and a strict adherence to the gold standard would be a better guarantee of the value of money.
The gold standard is a relic of the past, but lots of unhappy people, perhaps the majority, continually look backwards. They much prefer the guaranteed deflation of the gold standard to the inflating insecurity of “script”.
And there is another deeply felt attitude towards money that is not obvious until one examines it from the perspective of private property. When you wrap your arms around your stash, there is a little mantra that goes: “Mine! All mine!” This is prehistoric, actually. One can’t have this cozy feeling with Federal Reserve Notes. It has to be precious metals, diamonds, etc. It’s mine, I earned it, it ain’t no communistic “public utility” and the government has no right to take it away from me. The government can’t create it, either.
To most people, it is unimaginable to just give people money for nothing. You can understand it, I can understand it,, Stephan Zarlenga, CH Douglass, and Richard Cook can understand it. Ben Bernanke and his crew, including the Wall Street slimeballs also understand it, sad to say.
But the great mass of people do not, which why they get fleeced and will continue to be fleeced for the foreseeable future. I’m not trying to be a bummer. We need a revolution of the sort that didn’t happen in 1776.
Thanks. If we have a double dip recession, as some predict, it may be our chance to change the system. But first we’ll need a great deal of education and spreading of ideas. That’s what I keep trying to do, spread information. Ellen
All good points Joseph, as usual. The kind of “revolution” I think we need is an economic one, along with an “Economic Declaration of Independence”, complete with an economic (or industrial) legislature and court system.
Natural resources as well as money should be publicly owned and the public should share in revenues from all natural resources: oil, gold, silver, iron, coal, etc. Even water and air need to be declared as publicly owned resources before they are totally “privatized”, as the other natural resources have been.
Of course all this was the point of Henry George’s “Progress and Poverty”, written over 100 years ago. The hand of progress is slow indeed.
Great article, Ellen.
Now, how do we get the message to the rest of the people in the world? I have difficulty explaining to my own family why the government printing money would be better than letting banks create it. It’s like they want to remain ignorant… 😦
When “ignorance” becomes far too painful to bear they “will get the message”. That day is rapidly approaching. How much of our economy and culture will be salvageable by that time is anyone’s guess.
The peaceful education of public opinion is the only safe and secure way to advance civilization.
Another excellent article Ellen!
I’ve been trying to educate and inform people here in England of the fraud carried out by the banking elite with the corrupt debt- based money- system, regularly using some of your articles, but it can be hard work sometimes getting the penny to drop!
We are set to launch a campaign in the Uk in September, which I have contributed to but mainly organised by Ben Dyson, the Call 4 Reform monetary reform campaign, with a Bank of England Reform Act drafted!
I just hope that with the condem government swinging the axe with public sector cuts, more people will be able and willing to see the righteousness and benefit of monetary reform, obviously job losses, tax rises and a probable double-dip recession although awful should help!
Funny thing well not really funny Ellen, is that the prime minister Cameron and Liberal leader Clegg are both from banking families, talk about looking after ‘vested interests’.
Have you looked at the American Monetary Act, proposed by the American Monetary Institute? Stephan Zarlenga & Co have evolved a piece of legislation that you may want to compare with the Bank of England Reform Act. It aspires to assert the sovereign power of government to create money and control the money supply. It would nationalize the Fed and conduct monetary policy in the public interest rather than the private.
[…] under: Ellen Brown Articles/Commentary WEB OF DEBT BLOGWall Street banks have been saved from bankruptcy by governments that are now going bankrupt […]