Saudi Attack on Qatar; U.S. Threat to Iran by Sara Flounders

Human rights campaigners protest against Farnborough International arms fair

Image by Campaign Against Arms Trade via Flickr

Dandelion Salad

by Sara Flounders
Workers World, June 13, 2017
June 14, 2017

Two weeks after the grand pomp of President Trump’s visit, Saudi Arabia announced the complete blockade of small neighboring state Qatar on June 5. The blockade is an act of war.

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Ellen Brown: Breaking Through the Money Power

For All Debts...

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

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Central Bank Digital Currencies: A Revolution in Banking? by Ellen Brown

Bitcoin

Image by Tiger Pixel via Flickr

by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
September 16, 2016

Several central banks, including the Bank of England, the People’s Bank of China, the Bank of Canada and the Federal Reserve, are exploring the concept of issuing their own digital currencies, using the blockchain technology developed for Bitcoin. Skeptical commentators suspect that their primary goal is to eliminate cash, setting us up for negative interest rates (we pay the bank to hold our deposits rather than the reverse).

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Ellen Brown: Real Wealth – A Future We Can Bank On + Vicki Robin + Donnie Maclurcan + Helena Norberg-Hodge

Tomatoes

Image by Dandelion Salad via Flickr

Updated: June 1, 2015

with Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
May 21, 2015

 on May 21, 2015

Ellen Brown is the founder of the Public Banking Institute, and author of twelve books, including the best-selling Web of Debt. This is her plenary talk at the Economics of Happiness conference, held in Portland, Oregon in February, 2015. The conference was organized by Local Futures, a non-profit organization that has been promoting a shift from global to local for nearly 40 years. To learn more about the conference or Local Futures’ work, go to www.localfutures.org.

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The Geopolitics of World War III + Transcript + US War on ISIL: Barrel of Volatile Lies by Finian Cunningham

08 no petrodollar warfare

Image by Vertigogen via Flickr

Dandelion Salad

StormCloudsGathering on Sep 11, 2014

The real reason Russia and Syria are being targeted right now.

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Richard C. Cook: Creating Local Currencies and Monetary Reform

with Richard C. Cook
Featured Writer
Dandelion Salad
richardccook.com
Oct. 9, 2011

Capitalism Kills

Image by Dandelion Salad via Flickr

oneradionetwork.com
October 5, 2011

Richard C. Cook Interview, {Author of We Hold These Truths: The Hope of Monetary Reform} Oct, 2011 One Radio Network; Creating local currencies backed by labor, services .. and building local communities + The Gaia Plan, the Basic Income Guarantee and how we owe it to everyone on this planet the means to survive. Continue reading

A modest proposal for a new currency By Jerry Mazza

By Jerry Mazza
Featured Writer
Dandelion Salad
www.jerrymazza.com
crossposted at www.intrepidreport.com
June 7, 2011

Sequani_coin_5th_to_1st_century_BCE

Image via Wikipedia

The war between fiat paper money and precious metals continues as the price of gold keeps going through the roof and the US paper debt-currency submerges.

For the uninitiated, the convenience of fiat money is that you can make it out of air with transferences of numbers from the red to the black side of the accounting page, adding usurious interest if you’re the Fed. Continue reading

Out of the euro by Rudo de Ruijter

By Rudo de Ruijter
Guest Writer
Dandelion Salad
Independent researcher
www.courtfool.info
Netherlands
January 17, 2011

revised March 26, 2011

The euro is a very practical currency, but it makes millions of victims. This article contains a simple explanation why the euro can’t work and exposes the advantages of a shift to state money.

– No, European cooperation won’t disappear without the euro!

– And yes, with state money we are much better off!

The euro has an unsolvable problem. The countries that have severe debt problems today, if they succeed in reducing these debts by cuts in public spending, will predictably slide into debt again.

This is because these countries are victims of a fundamental flaw in the euro. Before the euro started, economists have warned, that a single currency can only work when all participating countries are economically homoge­neous. [1] [2] [3]

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The Metaphysics of Money By Nikki Alexander

By Nikki Alexander
Featured Writer
Dandelion Salad
http://nikkialexander.wordpress.com
January 8, 2011

When people want to communicate ideas they use language. Language is a medium of exchange. Without language people are reduced to physical touching or hand signals and have to be physically present with each other to communicate. With language people can exchange ideas with others in different centuries through books and in faraway places through the internet, newspapers and telephones. Sharing ideas leads to increasingly complex social agreements, concepts, inventions and discoveries, raising the standard of living and the level of expertise for the whole society.

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Central Banking 101: What the Fed Can Do as ‘Lender of Last Resort’ by Ellen Brown

by Ellen Brown
Featured Writer
Dandelion Salad
webofdebt.com
December 17, 2010

Official portrait of Federal Reserve Chairman ...

Image via Wikipedia

We’ve seen behind the curtain, as the Fed waved its magic liquidity wand over Wall Street. Now it’s time to enlist this tool in the service of the people.

The Fed’s invisible hand first really became visible with the bailout of AIG. House Speaker Nancy Pelosi said in June 2009:

“Many of us were, shall we say, if not surprised, taken aback when the Fed had $80 billion to invest — to put into AIG just out of the blue. All of a sudden we wake up one morning and AIG has received $80 billion from the Fed. . . . So of course we’re saying, Where’s this money come from? ‘Oh, we have it. And not only that, we have more.’”

How much more — $800 billion? $8 trillion?

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Is QE2 The Road To Zimbabwe-style Hyperinflation? Not Likely by Ellen Brown

by Ellen Brown
Featured Writer
Dandelion Salad
webofdebt.com
December 1, 2010

Unlike Zimbabwe, the U.S. can easily get the currency it needs without being beholden to anyone. But wouldn’t that dilute the value of the currency? No.

A month ago, the bond vigilantes were screaming that the Fed’s QE2 would be the first step on the road to Zimbabwe-style hundred trillion dollar notes. Zimbabwe (the former Rhodesia) is the poster example of what can go wrong when a government pays its bills by printing money. Zimbabwe’s economy collapsed in 2008, when its currency hyperinflated to the point that it was trading with the U.S. dollar at an exchange rate of 10 trillion to 1. On November 29, Cullen Roche wrote in the Pragmatic Capitalist:
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The Stench of US Economic Decay: Russia and China Dump the US Dollar by Dr. Paul Craig Roberts

https://dandelionsalad.wordpress.com/

by Dr. Paul Craig Roberts
Global Research
November 29, 2010

On Thanksgiving eve the English language China Daily and People’s Daily Online reported that Russia and China have concluded an agreement to abandon the use of the US dollar in their bilateral trade and to use their own currencies in its place.  The Russians and Chinese said that they had taken this step in order to insulate their economies from the risks that have undermined their confidence in the US dollar as a world reserve currency.

This is big news, especially for the news dead Thanksgiving holiday period, but I did not see it reported on Bloomberg, CNN, New York Times or anywhere in the US print or TV media. The ostrich’s head remains in the sand.

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Time for a New Theory of Money by Ellen Brown

by Ellen Brown
Featured Writer
Dandelion Salad
webofdebt.com
October 29, 2010

The reason our financial system has routinely gotten into trouble, with periodic waves of depression like the one we’re battling now, may be due to a flawed perception not just of the roles of banking and credit but of the nature of money itself. In our economic adolescence, we have regarded money as a “thing”—something independent of the relationship it facilitates. But today there is no gold or silver backing our money. Instead, it’s created by banks when they make loans (that includes Federal Reserve Notes or dollar bills, which are created by the Federal Reserve, a privately-owned banking corporation, and lent into the economy). Virtually all money today originates as credit, or debt, which is simply a legal agreement to pay in the future.

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From Global Depression to Global Governance by Andrew Gavin Marshall

by Andrew Gavin Marshall
Featured Writer
Dandelion Salad
October 21, 2010

The following is the text of Andrew Gavin Marshall’s presentation at the book launch of The Global Economic Crisis: The Great Depression of the XXI Century, Michel Chossudovsky and Andrew Gavin Marshall (Editors). September 29, 2010, Montreal, Canada.

We now stand at the edge of the global financial abyss of a ‘Great Global Debt Depression,’ where nations, mired in extreme debt, are beginning to implement ‘fiscal austerity’ measures to reduce their deficits, which will ultimately result in systematic global social genocide, as the middle classes vanish and the social foundations upon which our nations rest are swept away. How did we get here? Who brought us here? Where is this road leading? These are questions I will briefly attempt to answer.

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Keiser Report: Episode 87: Ellen Brown on Foreclosuregate

with Ellen Brown
Featured Writer
Dandelion Salad
webofdebt.com
October 19, 2010

RT

This week Max Keiser and co-host, Stacy Herbert, look at the full scale currency war launched by the “tomb maker” and at hiring hair stylists as scabs to cross the bankers’ picket line. He also talks to Ellen Brown about Foreclosure-gate.

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