June 23, 2019. Ellen Brown is the founder of the Public Banking Institute, a Fellow at The Democracy Collaborative, and the author of a dozen books and hundreds of articles.
She developed her research skills as an attorney practicing civil litigation in Los Angeles.
In the best-selling Web of Debt (2007, 2012), she turned those skills to an analysis of the Federal Reserve and “the money trust,” showing how this private cartel has usurped the power to create money from the people themselves and how we the people can get it back.
In The Public Bank Solution (2013) she traces the evolution of two banking models that have competed historically, public and private; and explores contemporary public banking systems globally.
Today most of our money is created, not by governments, but by banks when they make loans.
Her new book Banking on the People published June 1, 2019 takes the reader step by step through the sausage factory of modern money creation, explores improvements made possible by advances in digital technology, and proposes upgrades that could transform our outmoded nineteenth century system into one that is democratic, sustainable, and serves the needs of the twenty-first century.
Ellen joins me today from her home in Los Angeles to talk about the important role of public banking and explores why Alberta has such an important competitive advantage with North America’s largest public bank, the Alberta Treasury branch which was founded in 1938 by Alberta’s Social Credit government.
Ellen Brown is the founder of the Public Banking Institute, a Fellow at The Democracy Collaborative, and the author of a dozen books and hundreds of articles.
She developed her research skills as an attorney practicing civil litigation in Los Angeles.
2 Comments
Ellen has inspired many today, in the face of inept and predatory private mega-banks, to think in terms of root causes to our many fiscal, social, environmental problems. And money … its origin, its distribution, and the agents responsible for both … is the key ingredient to our collective liberation. Check out her website: http://EllenBrown.com and when you have a moment explore how Colorado is implementing the ground breaking work she has paved… http://RMPBI.ORG
Thanks Michael, I am good friends with Ellen as well as Earl Staelin; I’ve been a member of the Public Banking Associates for some time now. I am attempting to construct a ‘public bank’ with First Nations in Canada using the best of public bank structures (like Alberta Treasury Branch, Alberta’s and Canada’s only public bank that is 10x the size of the BND) and the credit union structure. We have a clear line of sight. Thanks for reaching out!