Sunday, October 2, 2011

Finance Capital vs. Public Banking - Ellen Brown on GRTV

GlobalResearchTV

Podcast: http://ur1.ca/50ptm

GRTV talks to Ellen Brown, an attorney, author, and president of the Public Banking Institute.




Also: Ellen Brown on Debt Money, Why Money is Collapsing and Why Central Banks Need Adult Supervision

Brown: Our money is an illusion. Except for coins, which compose only one ten-thousandth of the money supply, all of our money today consists of debt to private banks. Banks always take back more money in principal and interest than they put into the money supply as principal, making the system basically a pyramid scheme. After 300 years, this scheme has spread around the world and has now reached its mathematical limits. The whole world has been captured in the debt trap of a private international banking monopoly...