Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on Apr 18, 2012
Speaker Bio: Ellen Brown is author of Web of Debt, and serves as president of the Public Banking Institute.
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.
About TEDx: In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
FAIR USE NOTICE: This Talk may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. In an effort to advance understanding of the subject matter of this Talk in general, and the economics and banking of society in particular, this Talk is being distributed without profit for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. This constitutes a "fair use" of any such copyrighted material that might otherwise be infringing, as provided for and in accordance with the Fair Use Provision of Title 17, U.S.C. Section 107. For more information go to: http://www.law.cornell.edu/uscode/17/...