The Problem of Debt Deflation by Ellen Brown

Indentured Student - Cartoon

Image by DonkeyHotey via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog, Feb. 21, 2019
February 24, 2019

“Quantitative easing” was supposed to be an emergency measure. The Federal Reserve “eased” shrinkage in the money supply due to the 2008-09 credit crisis by pumping out trillions of dollars in new bank reserves. After the crisis, the presumption was that the Fed would “normalize” conditions by sopping up the excess reserves through “quantitative tightening” (QT) – raising interest rates and selling the securities it had bought with new reserves back into the market.

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Why Germany Leads in Renewables: It Has Its Own Green Bank by Ellen Brown

Solar Farm, Brockville Ontario 2014

Image by Jonathan Potts via Flickr

Updated: Feb. 10, 2019 and Feb. 12, 2019

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
January 27, 2019

The Green New Deal endorsed by Alexandria Ocasio-Cortez and more than 40 other US Representatives has been criticized as imposing a too-heavy burden on the rich and upper-middle-class taxpayers who will have to pay for it, but taxing the rich is not what the Green New Deal resolution proposes. It says funding will come primarily from certain public agencies, including the Federal Reserve and “a new public bank or system of regional and specialized public banks.”

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Why A Universal Basic Income Need Not Be Inflationary by Ellen Brown

Demonstration BGE

Image by Generation Grundeinkommen via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
December 29, 2018

Calls for a Universal Basic Income have been increasing, most recently as part of the Green New Deal introduced by Rep. Alexandria Ocasio-Cortez (D-NY) and supported in the last month by at least 40 members of Congress. A Universal Basic Income (UBI) is a monthly payment to all adults with no strings attached, similar to Social Security. Critics say the Green New Deal asks too much of the rich and upper-middle-class taxpayers who will have to pay for it, but taxing the rich is not what the resolution proposes. It says funding would primarily come from the federal government, “using a combination of the Federal Reserve, a new public bank or system of regional and specialized public banks,” and other vehicles.

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Chris Hedges: The Plight of the Vast Majority of Americans Goes Unrecognized and Unreported

IMG_0709

Image by sharonkubo via Flickr

Dandelion Salad

with Chris Hedges

The Collapse of the American Empire – Lecture Featuring Chris Hedges

Centre for International Governance Innovation on Aug 30, 2018

Chris Hedges, a globally-renowned Pulitzer Prize-winning author, gives us an entirely new view of a nation in crisis in his recently released book, America: The Farewell Tour, which holds both liberals and conservatives to account — as is rousingly pertinent for Canada as for the disoriented US. Beautifully written, it clarifies vividly and unforgettably the forces at play in our times.

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Chris Hedges and David Harvey: Enough is Enough of This Capitalist Fraud

Dear Capitalism...

Image by Anirvan via Flickr

Dandelion Salad

with Chris Hedges

RT America on June 9, 2018

David Harvey, author of Marx, Capital, and the Madness of Economic Reason, discusses the future of global capitalism.

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Michael Hudson and Ellen Brown: Avoiding The Road To Serfdom

Swimming With the Debt Sharks

Image by Truthout.org via Flickr

by Michael Hudson, with Ellen Brown
Writers, Dandelion Salad
Michael Hudson, Jan. 28, 2018
The Web of Debt Blog
February 10, 2018

I appeared alongside Ellen Brown on Princetown Community Television in two parts. Enjoy!

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Chris Hedges: A Recipe for an Emerging Dystopia + Q&A + Transcripts

utopia banished

Image by kr428 via Flickr

Dandelion Salad

Updated: Dec. 30, 2017

with Chris Hedges

mediasanctuary on Dec 1, 2017

Journalist, author and war correspondent Chris Hedges spoke at The Sanctuary for Independent Media in Troy NY on November 10, 2017 on fascism and empire in the age of Trump.

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Can UBI Be Funded Without Raising Taxes or Triggering Hyperinflation? by Ellen Brown

Money, Money, Money, Money (Day 22 of 50)

Image by Austin Kirk via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
October 4, 2017

The policy of guaranteeing every citizen a universal basic income is gaining support around the world, as automation increasingly makes jobs obsolete. But can it be funded without raising taxes or triggering hyperinflation? In a panel I was on at the NexusEarth cryptocurrency conference in Aspen September 21-23rd, most participants said no. This is my rebuttal.

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A Basic Income Is Less Than Meets The Eye by Pete Dolack

Capitalism isn't working

Image by Cary Bass-Deschenes via Flickr

by Pete Dolack
Guest Writer, Dandelion Salad
Systemic Disorder, December 1, 2016
April 24, 2017

A basic income — the concept of everybody getting a regular check from the government regardless of circumstance — is one of those ideas that sound wonderful on the surface but proves to be much less so once we examine the details.

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Debate: Basic Income: A Way Forward for the Left?

Capitalism isn't working

Image by Cary Bass-Deschenes via Flickr

Dandelion Salad

Socialist Project on Apr 15, 2017

The idea of a Universal Basic Income (UBI) has been championed by both progressives and conservatives. Not everyone on the left, however, is behind the idea. Is the UBI a means of redistributing wealth, attacking poverty and protecting workers from technological displacement? Or will basic income serve to advance an agenda of austerity and privatization?

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How Bankers Became the Top Exploiters of the Economy by Michael Hudson

Money!

Image by Thomas Galvez via Flickr

by Michael Hudson
Writer, Dandelion Salad
Michael Hudson
March 28, 2017

The Next System Project’s Adam Simpson sat down with renowned economist and economic historian Michael Hudson to discuss economic deceptions old and new. Michael Hudson is Distinguished Research Professor of Economics at the University of Missouri, Kansas City and a prolific writer about the global economy and predatory financial practices. Among his latest books are Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy and its follow-up J is for Junk Economics: A Guide to Reality in an Age of Deception.

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Universal Basic Income–Not The Answer, Yet But Needs To Be Discussed by Graham Peebles

Christian Aid's Poverty can be eradicated poster

Image by Howard Lake via Flickr

by Graham Peebles
Writer, Dandelion Salad
London, England
March 17, 2017

Poverty blights the lives of billions of people throughout the world: in developing countries, where it is acute, and industrialised nations, where it’s hidden but growing. It rises out of social injustice, makes exploitation and abuse inevitable, brings death and disease, robs people of opportunity and dignity, feeds anger and resentment.

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Can Jill Carry Bernie’s Baton? A Look at the Green Candidate’s Radical Funding Solution by Ellen Brown

Jill Stein

Image by cool revolution via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
August 2, 2016

Bernie Sanders supporters are flocking to Jill Stein, the presumptive Green Party presidential candidate, with donations to her campaign exploding nearly 1000% after he endorsed Hillary Clinton. Stein salutes Sanders for the progressive populist movement he began and says it is up to her to carry the baton. Can she do it? Critics say her radical policies will not hold up to scrutiny. But supporters say they are just the medicine the economy needs.

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Injustice by Design by Graham Peebles + Noam Chomsky: Requiem for the American Dream

Capitalism Kills

Image by Infinite Ache via Flickr

by Graham Peebles
Writer, Dandelion Salad
London, England
June 12, 2016

Over and above the greed and corruption of wealthy and powerful individuals, the leaked ‘Panama Papers’ revealed the need for a worldwide, standardised tax code, as part of a radical new global economic model. Not globalisation – which is ideologically based, designed by the ruling elite and set up to serve the interests of national and multi-national corporations and banks, but a new and just system designed to meet the needs of everyone, with sharing and social justice at its heart.

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The Coming Revolution: Evolutionary Leap or Descent Into Chaos and Violence? by David DeGraw

Half The Pay - Twice The Work

Image by Truthout.org via Flickr

Dandelion Salad

Updated: Oct. 17, 2014

by David DeGraw
daviddegraw.org
Oct. 9, 2014 Continue reading