Econintersect: Global Economic Intersection contributor was interviewed by Greg Hunter on 03 December 2013. The discussion was wide ranging from GMO (genetically modified organisms) foods to the potential for another global banking crisis and the utility of public banking in reorganization of the financial system to separate speculative investment banking from traditional depository and commercial banking.
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From about 17:30 to 19:00 Brown discusses the subject introduced by Ken Rogoff at the recent IMF conference and discussed by John Lounsbury at GEI Opinion whereby the Federal Reserve would accept deposits from individuals. She says this as a very natural entry into re-establishing a postal banking system, establishing a national public bank and ending the need for using debt to cover all federal spending in excess of tax receipts and ending the national debt “problem”.
References:
- Monsanto, the TPP, and Global Food Dominance (Ellen Brown, GEI Opinion, 29 November 2013)
- Rogoff Opens a Can of Worms and U.S. Banks Take the Bait (GEI News, 24 November 2013)
- A Nonpareil Public Bank: The Fed (John Lounsbury, GEI Opinion, 24 November 2013)
