It´s Our Money with Ellen Brown “It’s Our Money with Ellen Brown” provides a unique view behind the curtain of global finance and the monetary system by one of the top experts in the field.

July 30, 2020  

So says renowned economist Michael Hudson in the concluding part of our recent interview with him.  Hudson makes no bones about the deadly serious game being played by the world’s financial powers and their intention to create a new feudal economic order. Hudson sees the privatization of public assets and institutions, like the Fed’s take-over of the Treasury a hundred years ago, as evidence that our struggle for people-focused public policy is being overwhelmed by debt at the hands of capitalism and greed. But people are rising-up as our guest Rickey Gard Diamond, author of “Screwnomics”, says in her recent article in Ms. Magazine “How Public Banks Make Black Lives Matter”.  She talks with us about women and minorities becoming agents for change in the evolving public discourse about our money.

July 21, 2020  

Killing the Host

Michael Hudson’s landmark 2015 book “Killing the Host” exposed how the empires of finance, insurance and real estate captured the global economy through neo-liberalism and sold us down the road to neo-feudalism. Michael returns to the show to describe why the current global economic demise is the fruit of consummate greed, crony politics and rapacious finance – and what we must do if we are to ever get off this road. On a very positive note that shows that The People aren’t taking all this lying down, Ellen talks with one of the team members behind California’s new infrastructure bank bill, AB 310, which may set a national example for accelerating implementation of new state public banks.

 

July 3, 2020  

Bailing Out Wall Street, Sacrificing Main Street

 

The bank-owned Federal Reserve has been taking unprecedented actions of late propping up capital markets, corporations and banks in response to the economic impact of the Covid pandemic and the covert collapse of the financial system dating back to mid-2019. Among their recovery mechanisms has been the purchase of grouped market assets called Exchange Traded Funds (ETFs) managed under a no-bid contract with BlackRock, the world’s largest asset manager and ETF manager. Ellen discusses Blackrock’s place in the monetary stratosphere, the glaringly obvious conflict of interest and self-dealing in its arrangement with the Fed, and how this backdoor bailout has served Wall Street at the expense of Main Street. Then she talks with ETF scholar and expert Ryan Clements, who takes us on a deep dive into the mechanics of these super-large and unregulated funds, how they exploded on the scene, and what it means for the real economy. Meanwhile, America’s states and cities are struggling to address significant pandemic-driven budget shortfalls, for which the Fed has not been very helpful.  Walt talks with economist Dr. Robert Hockett about how the Fed’s Municipal Liquidity Facility needs to be revised to enable real Main Street financial support.

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