Ellen Brown: What Donald Trump Does Not Know — Why the Chinese Model is Better and Currency Wars Have No Winners

Neoliberalism Has Met Its Match in China We cannot win a currency war through the use of competitive currency devaluations that trigger a “race to the bottom,” and we cannot win a trade war by installing competitive trade barriers that simply cut us off from the benefits of cooperative trade. More favorable to our interests …

Ellen Brown: How to Pay For It All – An Option the Candidates Missed

How to Pay for It All: An Option the Candidates Missed “Kyouryoku,” the Japanese word for cooperation, is composed of characters that mean “together strength” – “stronger by working together.” This is a recognized principle in Asian culture and it is an approach we would do well to adopt. What US presidential candidates from both parties …

Ellen Brown: Is Facebook a Greater Danger than Wall Street?

Facebook May Pose a Greater Danger Than Wall Street Payments can happen cheaply and easily without banks or credit card companies, as has already been demonstrated—not in the United States but in China. Unlike in the U.S., where numerous firms feast on fees from handling and processing payments, in China most money flows through mobile …

Worth a Look: Ellen Brown, New Book Banking on People

We need a radical overhaul of the monetary system itself, and that means rethinking what money is and how it enters the economy. We need a new economic model, one designed to elicit the abundance of which the economy is capable. Implementing that sort of systemic change is not as radical as it sounds. Over …

Ellen Brown: Public Banking Revolution is Now…

The Public Banking Revolution Is Upon Us As public banking gains momentum across the country, policymakers in California and Washington state are vying to form the nation’s second state-owned bank, following in the footsteps of the highly successful Bank of North Dakota, founded in 1919. The race is extremely close, with state bank bills now …

Ellen Brown: Why Is Fed Paying Banks Ten Times More Interest on “Savings” Than Banks Pay Us? Time for the Fed to be a National Bank, Of, By, and For We the People!

Why Is the Fed Paying So Much Interest to Banks? Combining postal banks with a network of local public banks having affordable access to the Fed’s deep pocket could provide a safe and efficient public banking option for individuals, businesses and local governments.