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In 2029, net interest on the debt is projected to total $1.07 trillion, while defense spending is projected at $1.04 trillion. By 2033, says the CBO, interest payments will reach a sum equal to 3.6 percent of the nation’s economic output. Continue reading →.
Apr 4, 2022 · The Coming Global Financial Revolution. Foreign critics have long chafed at the “exorbitant privilege” of the U.S. dollar as global reserve currency. The U.S. can issue this currency backed by nothing but the “ full faith and credit of the United States .”.
Ellen Brown is the founder of the Public Banking Institute and the author of a dozen books and hundreds of articles. She developed her research skills as an attorney practicing civil litigation in Los Angeles.
Genre. nonfiction, economics, medicine, public policy. Notable works. Web of Debt, The Public Bank Solution. Website. ellenbrown .com. Ellen Hodgson Brown (born September 15, 1945) is an American author, attorney, public speaker, and advocate of alternative medicine and financial reform, most prominently public banking.
Apr 5, 2022 · Posted on April 5, 2022 by Ellen Brown. No country has successfully challenged the U.S. dollar’s global hegemony—until now. How did this happen and what will it mean? Foreign critics have long chafed at the “exorbitant privilege” of the U.S. dollar as global reserve currency.
Latest thoughts about money, banking, and our financial system. Click to read Web of Debt, by Ellen Brown, a Substack publication with thousands of subscribers.
Author of the bestseller Web of Debt and The Public Bank Solution, Ellen Brown’s pioneering research has started a national movement to retake control of public moneys from extractive private profiteers.
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