A Deep Dive into Money and Banking
After the banking crisis of 2008-09, even former Fed Chairs were admitting they had gotten it wrong. Economic policies are not working because the underlying theories are wrong. This workshop will take a deep dive into what is really going on with our money and banking system, how misguided policies are making it worse, and how system upgrades could underwrite an economy providing abundance for all.
Funding the Green Transition with Public Banks
The public banking movement has been gaining momentum across the country, with dozens of bills being actively pursued in various cities and states, and hundreds of organizations endorsing the concept. The US movement began a century ago, when the Bank of North Dakota was founded in 1919 by farmers who were losing their farms to big out-of-state banks. The movement reached the national level last year, when a resolution for a select committee on a Green New Deal submitted by U.S. Rep. Alexandria Ocasio-Cortez and the Sunshine Movement included funding by the Federal Reserve, a national public bank, or a network of public banks. Public banks are also re-surging globally, triggered by the failure of private finance to address pressing climate problems without first feeding insatiable private investors. Twenty percent of bank assets world-wide are still publicly owned and controlled, in addition to the bottomless resources of central banks. Contrary to the prevailing narrative, we have and can build massive public capacity nationally and globally to finance climate and agricultural initiatives.
From the 2019 Soil & Nutrition Conference: https://soilandnutrition.org/
Conference archive freely available at https://bionutrient.org/soil-and-nutr…
Learn more about the Bionutrient Food Association: https://bionutrient.org/
Ellen Hodgson Brown
Ellen Brown is an attorney, founder of the Public Banking Institute, and author of thirteen books, the latest titled Banking on the People: Democratizing Finance in the Digital Age. In her 2007 best-selling book, Web of Debt, she presents 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. The Public Bank Solution traces the evolution of two banking models that have competed historically, public and private; and explores contemporary public banking systems globally. Her book Forbidden Medicine traces the suppression of natural health treatments to the same corrupting influences that have captured the money system. She also co-hosts a radio program on PRN.FM called “It’s Our Money.” Her 300+ blog articles are posted at EllenBrown.com.