Making Change– on It’s Our Money
IT’S OUR MONEY with Ellen Brown
Making Change
The lock-down on control of our money by private banks is facing increased challenge in a variety of forms, from technology that creates new methods of exchange, to the public uprising for creation of new public banks. Today we speak with an exciting group of young activists in CA that have already accomplished some remarkable achievements, including a unanimous vote by the Los Angeles city council to foster a public bank and divest from Well Fargo, based on ethical demands. The student loan crisis is also receiving an ethical challenge from Andrew Yang, who has started his campaign for the 2020 presidential race calling for a universal basic income. And Ellen discusses how the massive hedge funds Black Rock and Black Stone control trillions of public dollars investment that exert overbearing pressure on how our money gets invested to create private profits rather than public benefits. A Public Banking Institute Presentation.
This show was broadcast on June 13, 2018.
You can only produce new money from thin air if you have the production (GDP) to match economically the amount of new script put into circulation or you become the webinar republic and massive inflation occurs if the state isn’t going to produce items to sell. Can’t just be public projects and government employees who produce nothing just provide the community a service is consumption not production and entrepreneurial opening small businesses. Each community should force the walmarts and big box retailers out of their communities and open up main street again with mom & pop businesses (build your middle class and incentives for the producers of society). No progressive income tax, no interest (usury) on your medium of exchange (script $USD interest free is an initial boom by itself). See JFK’s Executive Order # 11110 or review Lincoln’s Greenbacks or )le #7 Andrew Jackson’s eviction of the parasitic bankers (federal Reserve today-first and second bank of the US then) removed them in 1836 and kept out until 1913 which was a very productive time in our short history of the oligarchy we have been at war with since the beginning cause they followed us no matter where we went now we are forced to take a stand as we have migrated as far west as we can go. The people versus the international-central-bankers. The thieves, parasites and murders.