Image by AK Rockefeller via Flickr
with Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
September 30, 2016
“Commercial banks create money, in the form of bank deposits, by making new loans… 97% of the [money] currently in circulation [is] created by commercial banks themselves.”
— “Money creation in the modern economy”, Quarterly Bulletin, 2014 Q1, Bank of England
TRNN LIVE on Sep 27, 2016
Ellen Brown is an attorney, founder of the Public Banking Institute, and author of twelve books including the best-selling Web of Debt. Her latest book, The Public Bank Solution, explores successful public banking models historically and globally. Her 300+ blog articles are at EllenBrown.com. Listen to “It’s Our Money with Ellen Brown” on PRN.FM.
see also:
from the archives:
Central Bank Digital Currencies: A Revolution in Banking? by Ellen Brown
Ellen Brown: Banks Can Take Your Money In A Crisis
Private Banks or a Bank of the Government. A Comparison. by Rudo de Ruijter
Your Life Savings Could Be Wiped Out In A Massive Derivatives Collapse by Ellen Brown
Dandelion Salad 
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“Ellen Brown continues to lead the way on bank reform – money supply reform. This is single most crucial task we HAVE to accomplish if we are ever going to stop the onslaught of destruction of the environment, countries by war, police state, inequality etc etc. If we don’t .. well the outcome (as we are witnessing) scares me.”