Libra: Facebook’s Audacious Bid for Global Monetary Control by Ellen Brown

Facebook Libra Coin - zoom

Image by Christoph Scholz via Flickr

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

Payments can happen cheaply and easily without banks or credit card companies. This has now been demonstrated – not in the United States but in China. Unlike in the US, where numerous firms feast on fees from handling and processing payments, in China most money flows through mobile phones nearly for free. In 2018 these cashless payments totaled a whopping $41.5 trillion; and 90% were through Alipay and WeChat Pay, a pair of digital ecosystems that blend social media, commerce and banking. According to a May 2018 article in Bloomberg titled “Why China’s Payment Apps Give U.S. Bankers Nightmares“:
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Chris Hedges: From the Bolivarian Revolution and Hugo Chavez to US sanctions and the Overt Attempt to Overthrow Venezuela

Will Griffin: The History of U.S. Imperialism in Venezuela + Max Blumenthal: How US trained Juan Guaido for Regime Change

Screenshot by Dandelion Salad via Flickr
Watch the video below

Dandelion Salad

with Chris Hedges

RT America on Apr 27, 2019

Chris Hedges discusses Venezuela with reporter Ben Norton, from the history of the Bolivarian Revolution and legacy of Hugo Chavez to US sanctions and the overt attempt to overthrow the leadership in Caracas.

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Michael Hudson: Deciphering Geo-Political Games

Capitalism Kills

Image by Infinite Ache via Flickr

by Michael Hudson
Writer, Dandelion Salad
October 1, 2018

“Professor Michael Hudson discusses the globalisation fallout as new trading blocs distance themselves from US dollar denominated trade. Will the US be able to maintain its imperialist tendencies in light of these trends? How much further can the rentiers push their free-for-all? The show finishes with an overview of Michael’s new book And forgive them our debts.

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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

The Economics of Happiness 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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A Debate On How To Get Out of the Euro with Marshall Auerback, Michael Hudson, William K. Black and Stephanie Kelton

with Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
April 25, 2012

Guns and Butter – | KPFA 94.1 FM

“A Debate On How To Get Out of the Euro” with Marshall Auerback, Michael Hudson, William K. Black and Stephanie Kelton in Rimini, Italy. What withdrawal from the Euro system would mean for households and businesses in Italy; how to manage savings; what would likely happen in a return to sovereign currency; how the government and National Bank of Italy could manage the change; monetary and fiscal policy; interest rates; bond markets; loss of national power due to the rules of the Stability and Growth Pact and the inability to set employment policy.

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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

Libya: It’s Not About Oil, It’s About Currency and Loans By John Perkins

https://dandelionsalad.wordpress.com/

By John Perkins
Information Clearing House
April 26, 2011

“WASHINGTON -(Dow Jones)- World Bank President Robert Zoellick Thursday said he hopes the institution will have a role rebuilding Libya as it emerges from current unrest.

Zoellick at a panel discussion noted the bank’s early role in the reconstruction of France, Japan and other nations after World War II.

“Reconstruction now means (Ivory Coast), it means southern Sudan, it means Liberia, it means Sri Lanka, I hope it will mean Libya,” Zoellick said.

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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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