We at ethical markets agree and have also called for more democratized and future-focused ways of designing quantitative easing : “ the trickle up “ approach proposed by Milton Friedman of just taking cash up in helicopters and throwing it out the windows “ ( seriously supported in FOREIGN AFFAIRS …
Even the Council on Foreign Relations Is Saying It: Time to Rain Money on Main Street
Posted on September 1, 2014 by Ellen Brown You can always count on Americans to do the right thing, after they’ve tried everything else. —Winston Churchill When an article appears in Foreign Affairs, the mouthpiece of the policy-setting Council on Foreign Relations, recommending …
The Looming Foreclosure Crisis: As the Fed Runs Out of Bullets, Local Governments Are Stepping In
Mortgage debt overhang from the housing bust has meant lack of middle-class spending power and consumer demand, preventing the economy from growing. The problem might be fixed by a new approach from the Fed. But if the Fed won’t act, counties will, as seen in the latest developments on eminent …
NEW REPORT FROM POSITIVE MONEY: SOVEREIGN MONEY – Paving the way for a sustainable recovery
NEW REPORT FROM POSITIVE MONEY: SOVEREIGN MONEY – Paving the way for a sustainable recovery Buy a hard copy for £6 plus shipping (60 pages – only 100 copies available) or Download PDF By fuelling our economy through ever-rising levels of household debt, we are repeating the mistakes that led …
An agenda for change, by Nick Silver, Managing Director, Climate Bonds Initiative
To avoid dangerous climate change will require the equivalent of another industrial revolution. This can only be achieved if finance into the green economy is increased by an order of magnitude. This may be possible as many low carbon technologies are competitive with fossil fuel if the cost of finance …
Clean Technica: “Fatbergs” In London Sewers To Be Transformed Into Electricity
“ Ethical Markets Agrees with QE for Renewable Energy …much better than for toxic mortgages and bailing out stupid bankers ! – Hazel Henderson, Editor “ Top cleantech news of the day from CleanTechnica, the world’s #1 cleantech or clean energy website: “Fatbergs” In London Sewers To Be Transformed Into …
The City and the Common Good: Good Money – 7th May at St Paul’s Cathedral
Dear Friends, Thank you to all those who joined us for the first debate in our series, held in conjunction with CCLA, entitled ‘The City and the Common Good: What kind of City do we want?’. The event was attended by around 750 people, and the attached seminar a week …
QE4: Forgive Student Debt
We fully support this proposal by lawyer Ellen Brown, our esteemed Advisory Board member . We would add that GDP must also be corrected so that at last, “Education” is no longer categorized under “Consumption” , but acknowledged as the basic investment all societies make in their future, and included …
Why QE2 Failed: The Money All Went Offshore
Why QE2 Failed: The Money All Went Offshore Ellen Brown July 8, 2011 http://WebofDebt.com/articles On June 30, QE2 ended with a whimper. The Fed’s second round of “quantitative easing” involved $600 billion created with a computer keystroke for the purchase of long-term government bonds. But the government never actually got …