How the Fed Could Fix the Economy—and Why It Hasn’t by Ellen Brown

by Ellen Brown
Featured Writer
Dandelion Salad
webofdebt.com
February 24, 2013

Image by Truthout.org via Flickr

Quantitative easing (QE) is supposed to stimulate the economy by adding money to the money supply, increasing demand. But so far, it hasn’t been working. Why not? Because as practiced for the last two decades, QE does not actually increase the circulating money supply. It merely cleans up the toxic balance sheets of banks. A real “helicopter drop” that puts money into the pockets of consumers and businesses has not yet been tried. Why not?  Another good question . . . .

The Incredible Debt Spider by Rand Clifford

by Rand Clifford
Featured Writer
Dandelion Salad
January 17, 2013

Image by wildcard403 via Flickr

The “Federal Reserve Bank” (Fed) is not part of the United States Government. The Fed is a private, for-profit corporation ultimately owned by eight elite banking families:

1. Rothschild’s of London and Berlin
2. Lazard Brothers of Paris

The Trillion Dollar Coin: Joke or Game-changer? by Ellen Brown

Image by DonkeyHotey via Flickr

by Ellen Brown
Featured Writer
Dandelion Salad
webofdebt.com
January 18, 2013

The trillion dollar coin actually represents one of the most important principles of popular prosperity ever conceived: the creation of money by sovereign governments, debt-free.

Last week on “The Daily Show,” Jon Stewart characterized the proposal that the White House circumvent the debt ceiling by minting a trillion dollar coin as an attempt to “just make shit up.”

Ellen Brown: Restoring Prosperity With Public Banking

with Ellen Brown
Featured Writer
Dandelion Salad
webofdebt.com
Nov. 15, 2012

Image by Dandelion Salad via Flickr

Guns and Butter – | KPFA 94.1 FM
October 24, 2012

The Public Banking Institute; public versus private banking; two banking models – sustainable and extractive; the Federal Reserve; the shadow banking system; the repo market; the benefits of a public banking system; debt; the money supply, compound interest; and all things money.

What Is QE Infinity? by Ellen Brown

Image by sandy_sanders via Flickr

by Ellen Brown
Featured Writer
Dandelion Salad
webofdebt.com
Oct. 3, 2012

QE3, the Federal Reserve’s third round of quantitative easing, is so open-ended that it is being called QE Infinity.  Doubts about its effectiveness are surfacing even on Wall Street.  The Financial Times reports:

Among the trading rooms and floors of Connecticut and Mayfair [in London], supposedly sophisticated money managers are raising big questions about QE3 — and whether, this time around, the Fed is not risking more than it can deliver.

Set Up To Fail, Interview with Professor Michael Hudson by Karl Fitzgerald

by Michael Hudson and Karl Fitzgerald
Featured Writer
Dandelion Salad
http://michael-hudson.com
September 17, 2012

Image by swanksalot via Flickr

Renegade Economists interview Sept. 5, 2012
Interview with Professor Michael Hudson by Karl Fitzgerald
Listen

KF: We welcome to the show Professor Michael Hudson, Distinguished Research Professor at the University of Missouri-Kansas City, the leading Post-Keynesian university in America. It’s been fantastic to see, Michael, that the public profile of UMKC has really taken off with Randall Wray, yourself and Stephanie Kelton being quoted quite widely these days. Can you explain what Post-Keynesianism is?

Noam Chomsky: Austerity in Europe and United States

Image by ms.donnalee / donna cleveland via Flickr

Dandelion Salad

with Noam Chomsky

Jul 18, 2012 by outis888

Noam Chomsky at the Massachusetts Institute of Technology (MIT), on July 12.

Dennis Kucinich: The House Overwhelmingly Passed a Bill to Audit the Federal Reserve

Image by r0b0r0b via Flickr

Dandelion Salad

Jul 27, 2012 by TheAlyonaShow

There’s only about a week left until Congress goes on a summer recess, and there are a few notable things that have, and haven’t been done. As we mentioned yesterday, the House overwhelmingly passed a bill to Audit the Fed, but the Democratic leadership, isn’t exactly on board. It’s seven days before recess and yet still no jobs bill. And was the symbolic tax vote this week, a lot more important than people wants to let on? And a few US foreign policy decisions that haven’t exactly played out as planned. Iraq, Afghanistan, Libya, just to name a few. Alyona discusses with U.S. Congressman Dennis Kucinich.

The Weaponization of Economic Theory by Michael Hudson

by Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
July 13, 2012

Image by freestylee via Flickr

Europe’s three needs: a debt write-down, a real central bank, and a more efficient tax system

Brussels Talk, Madariaga College, Governing Globalisation in a World Economy in Transition, June 27, 2012

What can Europe learn from the United States?

First, the United States – like Canada, England and China – have central banks that do what central banks outside of Europe were created to do: finance the budget deficit directly.

Four Horsemen of the Apocalypse: Fossil Fuel, Nuclear Fission, Central Banking, War by Rand Clifford

Image by Rich Man via Flickr

by Rand Clifford
Featured Writer
Dandelion Salad
June 16, 2012

Sense those hooves pounding around the world?

Little surprise that these four bedfellows have in their reins the fate of humanity, even life on Earth. Profit and conquest are all that matter; there is no such thing as enough, only, more.

Out of the Mouths of Babes by Ellen Brown

by Ellen Brown
Featured Writer
Dandelion Salad
webofdebt.com
May 29, 2012

Image by colros via Flickr

The youtube video of 12 year old Victoria Grant speaking at the Public Banking in America conference last month has gone viral, topping a million views on various websites.

Monetary reform—the contention that governments, not banks, should create and lend a nation’s money—has rarely even made the news, so this is a first.  Either the times they are a-changin’, or Victoria managed to frame the message in a way that was so simple and clear that even a child could understand it.

Ellen Brown: From Austerity to Prosperity With Publicly Owned Banks

with Ellen Brown
Featured Writer
Dandelion Salad
webofdebt.com
May 5, 2012

May 10, 2012 by brightpathvideo

“From Austerity to Prosperity With Publicly Owned Banks”
Ellen Brown, author of “Web of Debt”. Philadelphia, April 27, 2012

Michael Hudson: Firing Alan Greenspan

by Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
May 10, 2012

During the interview for the documentary Real Estate 4 Ransom, Prof Michael Hudson discusses Greenspan’s reputation in his formative days on Wall St, discussing a controversial 1966 incident.

by Real Estate 4 Ransom

http://vimeo.com

Indentured Servitude for Seniors: Social Security Garnished for Student Debts by Ellen Brown

by Ellen Brown
Featured Writer
Dandelion Salad
webofdebt.com
May 11, 2012

Image by Plashing Vole via Flickr

The Social Security program…represents our commitment as a society to the belief that workers should not live in dread that a disability, death, or old age could leave them or their families destitute. -– President Jimmy Carter, December 20, 1977.

[This law] assures the elderly that America will always keep the promises made in troubled times a half century ago…

Michael Hudson: Federal Reserve System

by Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
March 26, 2012

An interview with Michael Hudson published on the Russian website Terra America (TA).

What is the place of the Federal Reserve System in the American financial and economic structure?

Prior to the Federal Reserve’s founding in 1913, U.S. monetary policy was conducted by the Treasury. Like the Fed, it had district sub-treasuries that performed nearly all the financial functions that the Fed later took over: providing credit to move the crops in autumn, managing government debt, and so forth.