Conscious Media Network Season 6 Episode 8 Ellen Brown on the Web of Debt

Ellen Brown, the author of 'Web of Debt', is interviewed by Regina Meredith on the Conscious Media Network. The Web of Debt is a revealing book about how the Federal Reserve bank of the United States works, how it puts the US in debt, and how it is controlled by private bankers. The ideas presented in the book shed light on the global power structure, where private bankers control the financial systems of the world.

Ellen Brown is a lawyer and writer who became interested in finance after the 2008 financial crisis. She was astounded by the bank bailouts and the fact that trillions of dollars of public funds were given to private banks. According to her, this created a crisis of legitimacy in the entire financial system. Her research led her to discover the world of central banking and how the Federal Reserve System is controlled by private bankers.

In the interview, Ellen Brown explains how the Federal Reserve bank creates money out of thin air, and how this leads to inflation and debt. She also explains how the US government could create money without relying on the Federal Reserve and how this could lead to economic stability. According to Ellen Brown, the US government has the legal authority to create money directly, without relying on the Federal Reserve, as it did in the past.

The conversation turns to the history of central banking and how it has evolved over time. Ellen Brown explains how the private bankers who control the Federal Reserve System have used their power to manipulate the economy and create financial crises. She also discusses the role of the IMF and the World Bank in the global financial system and how they contribute to debt and poverty in developing countries.

Ellen Brown also talks about the role of public banking in the financial system. Public banks are owned by the government and can use their funds to invest in public infrastructure and community development. She cites examples of successful public banks in North Dakota and Germany. According to Ellen Brown, public banking is a way to create a stable and sustainable financial system that benefits the public.

The interview wraps up with Ellen Brown discussing the current state of the global economy and the challenges it faces. She talks about the need for financial reform and the importance of advocating for a financial system that serves the public interest.

Overall, this episode of Conscious Media Network is a fascinating and eye-opening exploration of the world of central banking, debt, and global finance. Ellen Brown's insights into the way the financial system works and her proposals for reform are thought-provoking and informative. Anyone interested in economics, finance, or politics will find this episode to be a valuable resource.