Episodes
Friday Nov 05, 2021
It‘s Our Money with Ellen Brown - Everyone Deserves to Have a Public Bank
Friday Nov 05, 2021
Friday Nov 05, 2021
Across the globe, public banks hold assets of about $50 trillion dollars in widely divergent countries and cultures. While these publicly owned institutions have diverse types of organization and purpose, they share core principles of retaining local equities. In North America new efforts to create local public banks have emerged among First Nation tribes who have been obliged to use Wall Street banks for their substantial casino revenues. Our guest interviews today include a memorial tribute conversation with Dennis Ortblad, a former diplomat who opened that discussion with Pacific NW tribes and many other public banking initiatives, and with Dr. Thomas Marois, author of “Public Banks: Decarbonization, Definancialization and Democratization”.