Ellen Brown – From Scarcity To Abundance ( Re-Imagining Money) – 26 April 2012

Uploaded 18 April 2012 on Youtube by TedXtalks.

Description of Talk:  As a journalist, Ellen’s passion for research led her to ask a simple question about where our money and banking come from: Why do we repeat the cycle of privatizing bank profits in the good times, and publicly owning their losses in the bad times? Ellen’s answer may surprise you: Throughout history, publicly-owned banks have coined money far cheaper than relying on governments to indebt themselves to private banks through a central bank like the Federal Reserve. Ellen challenges the inevitability and safety of a money system dominated solely by privately-owned banks.

Thanks to http://www.shiftefrequency.com by Gillian

 

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