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Why Is the Fed Paying So Much Interest to Banks?
Truthout.org; Ellen Brown/The Web of Debt Blog “If you invest your tuppence wisely in the bank, safe and sound, Soon that tuppence safely invested in the bank will compound, And you’ll achieve that sense of conquest as your affluence expands In the hands of the...
Monetary policy takes center stage: MMT, QE or public banks?
A network of public banks including a central bank operated as a public utility could similarly fund a U.S. Green New Deal – without raising taxes, driving up the federal debt, or inflating prices. Nation of Change; Ellen Brown / OpEd As alarm bells sound over...
Banking on the Public
A New Mexico advocacy group wants to let the people decide what happens with their money Santa Fe Reporter, Will Costello In late 2016, Wells Fargo, the consumer lending behemoth of Wall Street, attracted the eyes of the Consumer Financial Protection Bureau, the...Great Minds with Ellen Brown: Did You Know Banks Can Take Your Money in A Crisis?
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Episode: Everyone deserves a public bank
Join those who’ve endorsed a Public Bank for New Mexico
“I had the good fortune to work on this initiative before Bernie kidnapped all my time. This is one of those no-brainer initiatives that only the 1% could oppose. It has the potential to save the state millions of dollars by vastly reducing the cost of its bonds to improve infrastructure funding. in a public bank, our state funds can be used to build our local economy and our local infrastructure.”
– Paul Gibson
Retake Our Democracy