Ellen Brown talks broken economy and public banking solution on The Higherside Chats podcast

Ellen Brown | The Broken Economy & The Public Banking Solution

Show Notes


Ellen Brown is the founder of the Public Banking Institute and the author of a dozen books and hundreds of articles. She developed her research skills as an attorney practicing civil litigation in Los Angeles. In the best-selling Web of Debt (2007, 2012), she turned those skills to an analysis of the Federal Reserve and “the money trust,” showing how this private cartel has usurped the power to create money from the people themselves and how we the people can get it back.

In The Public Bank Solution (2013) she traces the evolution of two banking models that have competed historically, public and private; and explores contemporary public banking systems globally. She has presented these ideas at scores of conferences in the US and abroad, including in England, Ireland, Scotland, Wales, Canada, Iceland, Ireland, Switzerland, Sweden, the Netherlands, Germany, Croatia, Malaysia, Mexico and Venezuela.

Today, we’re able to fold in her most recent book into the conversation as well: Banking On The People: Democratizing Money In The Digital Age


Ellen’s Amazon Author Page

The Public Banking Institute 

PLUS Content

-Why going back to a gold standard is the wrong answer. -How Uncle Sam launders marijuana money. -Where Big Agra/Big Pharam Billionaires are compromising the marijuana market with GMO weed. -How the loan process is used to increase inequality and further racial and class-based divides. -Digitizing local economies and creating online markets for local goods.

10 Responses

  1. Thank you both so much. I’m attending a town hall meeting on basic income tonight and am grateful to have a better understanding of the challenges and opportunities. ????????????

  2. Thanks Greg. Ellen Brown has been one of my favorite past episodes!
    You’ve been knocking them out of the park, as usual. I appreciate these episodes that give us options for making our lives better for ourselves and the future generations.

  3. Great stuff indeed… BUT:
    Get lost with that believe that the major names, we all know, (Rothschild, Rock fellers, Morgans, etc…) are the bigger fish in the tank. Those are the PR, front-end, accountants, etc… of the real powerful ones.
    The “black nobility” is a key therm to search. Phoenicians to Venice to UK to US if a path to follow.
    For those there is no more the concept of “money”, they even use this word !
    Here in Brazil we have several banks that are private but also own by a cooperative (co-op) and as such offers betters deals to the associates than the regular banks.

  4. Yes the banks are run by crooks and the cabal, but you have to realize that it is also the people’s fault for playing the game, don’t buy liabilities, don’t apply for mortgages you can’t afford or student loans if you have no business going to university or collage, yes, sometimes learning a trade is your limit. Don’t apply for credit cards if you don’t understand how interest work. I agree the powers that shouldn’t be are out to get us but we are responsible for our reaction to their traps.

  5. I love Ellen, was working to get her to come to my town. She seems unaware or maybe wisely chooses not to discuss the deeper reasons why nationalizing the banks wasnt done in 2008 .

  6. Ellen Brown’s idea’s on money, (as I understand it from her previous articles and interviews) may be coming from a good place, as she certainly comes across, but entirely misguided. Her understanding of the failings of currencies and banks going back two hundred years are also terribly awry. I heartily recommend the writings of Murry Rothbard, which are copious on this topic. Perhaps a starter would be ” A History of Banking in the United States”.
    The problem of “money” starts with government interference and pronouncing ANY currency fiat. Once this happens, the corruption blooms uncontrollably, as we can quite plainly see today. When banks issued their own currency or scrip and folks were free to choose what form their money would take. Such corruption was kept localized and people, having a much better understanding of money than we do today were a bit more wary of banksters.
    Ellen promotes a “we the people” sort of plan that sounds great when you say it fast. Ultimately she espouses government control and dependence. Please consider that this is not a good thing. Government does not need, nor should it be involved with banking OR the issuance of a currency. For a government to coin and seigniorage may be ok. I’m sort of ambivalent on that issue.
    Ellen’s plan will do nothing to curb the corruption in banking. Our governments are full of it from the cities on up. It is just a matter of degree. How could anyone think that taking the Federal Reserve from it’s private owners and placing it in the hands of a government will alleviate this?
    There are very simple answers to the banking issue when you go searching. Check out the Mises Institute for one very good source.
    Thanks for putting Ellen on Greg. I think it is very good to get folks thinking about money basics and may I suggest a guest?
    Tom Woods or Walter Block or Jeff Deist of the Mises Institute.
    Money is the root and if we could wrest control from the central bankers and stop this insane money printing. I believe our world would be a much kinder, safer and interesting place.
    I really appreciate your show and the great group of fans.

    Thanks very much.

  7. I am open minded and I listen to every episode all the way through, and this lady seems like a very nice person, but her ideas result in mass starvation and death.

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