Episodes
Thursday Apr 20, 2017
It's Our Money - Dirty Deals! - 04.19.17
Thursday Apr 20, 2017
Thursday Apr 20, 2017
“Dirty Deals” is the name of a definitive report about Wall Street’s interactions and financing contracts with cities, counties and states nationwide. It’s a gloves-off look at the many ways public entities are forced to acquiesce to abusive usury in their private-bank-capital borrowing practices for public projects and how we can take effective steps to reverse them. Saqib Bhatti, co-director of Action Center on Race and the Economy (ACRE), discusses why these core financing issues are driving governments around the country to consider public banking and in-house financing mechanisms, and why some of them don’t want to.
Monday Apr 10, 2017
It's Our Money - Digits – Better Get Used to Them...... - 04.05.17
Monday Apr 10, 2017
Monday Apr 10, 2017
As cash transactions continue a downward slide toward obsolescence and perhaps even illegality, a host of replacement media are being lined-up to replace the practice of making tactile exchanges when completing transactions. Everyone is used to using credit and debit cards, those intermediaries that digitize payments and do account reckoning. But what lies beyond those captured private industry providers like Visa and Mastercard is an even more exotic and potentially far safer monetary transaction system called “blockchain.” This week Ellen talks with Jon Underwood, the founder and CEO of a blockchain-based parallel payment system called C-pay, a system capable of creating local monetary systems as well as addressing some of the payment world’s stickiest markets, like the developing cannabis markets of the American West.