Ellen Brown

Ellen Brown is an attorney and founder of the Public Banking Institute. She is the author of twelve books, including the best-selling Web of Debt, and her latest book, The Public Bank Solution, which explores successful public banking models historically and globally.

Articles by this author

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Wednesday, December 7, 2016 - 9:45am
“We’ll Look at Everything”: More Reasons Trump’s $1 Trillion Infrastructure Plan Is Terrible
To stimulate the economy, create new jobs and generate new GDP requires an injection of new money. Borrowing from the bond markets or off-balance-sheet in public/private partnerships won’t do it. If Congress won’t issue money directly, it should borrow from banks, which create money on their books...
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Thursday, October 20, 2016 - 11:00am
Prop. 51 Versus a State-Owned Bank: How California Can Save $10 Billion on a $9 Billion Loan
School districts are notoriously short of funding – so short that some California districts have succumbed to Capital Appreciation Bonds that will cost taxpayers as much as 10 to 15 times principal by the time they are paid off. By comparison, California’s Prop. 51, the school bond proposal...
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Saturday, May 14, 2016 - 2:00pm
“Print the Money”: Trump’s “Reckless” Proposal Echoes Franklin and Lincoln
“Reckless,” “alarming,” “disastrous,” “swashbuckling,” “playing with fire,” “crazy talk,” “lost in a forest of nonsense”: these are a few of the labels applied by media commentators to Donald Trump’s latest proposal for dealing with the federal debt. On Monday, May 9th, the presumptive Republican...
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Monday, May 2, 2016 - 1:15pm
Bank of North Dakota Soars Despite Oil Bust: A Blueprint for California?
Despite North Dakota’s collapsing oil market, its state-owned bank continues to report record profits. This article looks at what California, with fifty times North Dakota’s population, could do following that state’s lead. In November 2014, the Wall Street Journal reported that the Bank of North...
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Sunday, March 13, 2016 - 2:15pm
Exposing the Libyan Agenda: A Closer Look at Hillary’s Emails
The brief visit of then-Secretary of State Hillary Clinton to Libya in October 2011 was referred to by the media as a “victory lap.” “We came, we saw, he died!” she crowed in a CBS video interview on hearing of the capture and brutal murder of Libyan leader Muammar el-Qaddafi. But the victory lap,...
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Sunday, November 22, 2015 - 11:30am
Hang Onto Your Wallets: Negative Interest, the War on Cash, and the $10 Trillion Bail-in
Remember those old ads showing a senior couple lounging on a warm beach, captioned “Let your money work for you”? Or the scene in Mary Poppins where young Michael is being advised to put his tuppence in the bank, so that it can compound into “all manner of private enterprise,” including “bonds,...
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Wednesday, September 23, 2015 - 7:15am
Time for the Nuclear Option: Raining Money on Main Street
Predictions are that we will soon be seeing the “nuclear option” — central bank-created money injected directly into the real economy. All other options having failed, governments will be reduced to issuing money outright to cover budget deficits. So warns a September 18 article on ZeroHedge titled...
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Wednesday, August 19, 2015 - 7:15am
Trumping the Federal Debt without Playing the Default Card
“The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.” — Former Fed Chairman Alan Greenspan on Meet the Press , August 2011 In a post on “Sovereign Man” dated August 14 th , Simon Black argued that Donald Trump may be the...
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Friday, July 31, 2015 - 7:15am
The Greek Coup: Liquidity as a Weapon of Coercion
“My father made him an offer he couldn’t refuse. Luca Brasi held a gun to his head and my father assured him that either his brains, or his signature, would be on the contract.” — The Godfather (1972) In the modern global banking system, all banks need a credit line with the central bank in order...
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Wednesday, July 15, 2015 - 8:30am
Grexit or Jubilee? How Greek Debt Can Be Annulled
Greece’s creditors have finally brought the country to its knees, forcing President Alexis Tsipras to agree to austerity and privatization measures more severe than those overwhelmingly rejected by popular vote a week earlier. No write-down of Greece’s debt was included in the deal, although the...
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