The Fed’s Dramatic About-Face
March 4, 2019 12:00 am Leave your thoughts
"Quantitative easing" was supposed to be an emergency measure, but the Federal Reserve is now taking a surprising new approach toward the policy.
Author Archives for Ellen Brown
About Ellen Brown
Ellen Brown
The Venezuela Myth Keeping Us From Transforming Our Economy
February 13, 2019 12:00 am Leave your thoughts Modern Monetary Theory (MMT) is getting significant media attention these days, after Rep. Alexandria Ocasio-Cortez said in an interview that it should "be a larger part of our conversation" when it comes to funding the "Green New Deal.
The Financial Secret Behind Germany’s Green Energy Revolution
January 27, 2019 12:00 am Leave your thoughts Funding through the Federal Reserve may be controversial, but establishing a national public infrastructure and development bank should be a no-brainer.
Universal Basic Income Is Easier Than It Looks
January 6, 2019 12:00 am Leave your thoughts Calls for a Universal Basic Income (UBI) have been increasing, most recently as part of the "Green New Deal" introduced by Rep. Alexandria Ocasio-Cortez, D-N.Y., and supported in the last month by at least 40 members of Congress
This Radical Plan to Fund the ‘Green New Deal’ Just Might Work
December 26, 2018 12:00 am Leave your thoughts With what author and activist Naomi Klein calls "galloping momentum," the "Green New Deal" promoted by Rep.-elect Alexandria Ocasio-Cortez, D-N.Y., appears to be forging a political pathway for solving all of the ills of society and the planet in one fell swoop
Trump’s War on the Fed
November 3, 2018 11:46 pm Leave your thoughts October was a brutal month for the stock market
How America Can Free Itself From Wall Street
October 14, 2018 12:00 am Leave your thoughts Wall Street owns the country. That was the opening line of a fiery speech that populist leader Mary Ellen Lease delivered around 1890. Franklin Roosevelt said it again in a letter to Colonel House in 1933, and Sen. Dick Durbin was still saying it in 2009.
Central Banks Have Gone Rogue, Putting Us All At Risk
September 23, 2018 12:00 am Leave your thoughts Central bankers are now aggressively playing the stock market. To say they are buying up the planet may be an exaggeration, but they could. They can create money at will, and they have declared their “independence” from government. They have become rogue players in a game of their own.
Banks Are Becoming Obsolete in China-Could the U.S. Be Next?
September 8, 2018 12:00 am Leave your thoughts The U.S. credit card system siphons off excessive amounts of money from merchants. In a typical $100 credit card purchase, only $97.25 goes to the seller. The rest goes to banks and processors. But who can compete with Visa and MasterCard?
Trump Takes on the Fed
August 4, 2018 11:29 pm Leave your thoughts The president has criticized Federal Reserve policy for undermining his attempts to build the economy. The best way to make the central bank serve the needs of the economy is to make it a public utility.