Ellen Brown has the key to the lock
February 5, 2011
Kevin Barrett speaks with Ellen Brown, author, Web of Debt. She is a leading advocate of public banking (as opposed to letting private bankers create money out of nothing and then lend it to the rest of us at interest.) Her latest article is Washington State Joins Movement for Public Banking. Will we be able to outflank the Fed state-by-state? If the states that move to public banking succeed in kick-starting their economies – as experience suggests – it could become an unstoppable juggernaut!
Direct link to MP3 file:
Ellen Brown explodes the myths about our money system which is not what we have been led to believe. The creation of money has been privatized, or taken over by a private money cartel. Except for coins, all of our money is now created as loans advanced by private banking institutions — including the private Federal Reserve.