web of debt - Page 6 of 6

A Safe and a Shotgun or Publicly Owned Banks? The Battle of Cyprus

By Ellen Brown, Web of Debt Mar 22, 2013 For now, the government of Cyprus has overwhelmingly rejected a proposed levy on bank deposits as a condition for a European bailout. But if technocrat bankers can push through their confiscation scheme, precedent will be established for doing it elsewhere when bank bailouts become prohibitive for governments. Dig deeper ( 7 Min. Read )

How Congress Could Fix Its Budget Woes Permanently

By Ellen Brown, Web of Debt Feb 14, 2013 Money today is simply a legal agreement between parties. Nothing backs it but “the full faith and credit of the United States.” The United States could issue its credit directly to fund its own budget, just as our forebears did in the American colonies and as Abraham Lincoln did in the Civil War. Dig deeper ( 7 Min. Read )

The Trillion Dollar Coin: Joke or Game-Changer?

By Ellen Brown, Web of Debt Jan 19, 2013 The trillion dollar coin represents one of the most important principles of popular prosperity ever conceived: the creation of money by sovereign governments, debt-free. Dig deeper ( 8 Min. Read )

Fiscal Cliff? Let’s Call Their Bluff

By Ellen Brown, Web of Debt Dec 20, 2012 Taxpayers and governments that are pushed too far have been known to resort to radical policy measures, and there are some on the table that could fix the problem at its core. Dig deeper ( 6 Min. Read )

Why QE3 Won’t Jump-Start the Economy — and What Would

By Ellen Brown, Web of Debt Sep 22, 2012 The economy could use a good dose of “aggregate demand”—new spending money in the pockets of consumers—but QE3 won’t do it. Neither will it trigger the dreaded hyperinflation. In fact, it won’t do much at all. There are better alternatives. Dig deeper ( 6 Min. Read )