Summary: Live interview with attorney Ellen Hodgsen Brown, author of The Web of Debt. EXPLODING THE MYTHS ABOUT MONEY Our money system is not what we have been led to believe. The creation of money has been “privatized,” or taken over by a private money cartel. Except for coins, all of our money is now created as loans advanced by private banking institutions — including the private Federal Reserve. Banks create the principal but not the interest to service their loans. To find the interest, new loans must continually be taken out, expanding the money supply, inflating prices — and robbing you of the value of your money. Read Stephen Lendman’s excellent summary and review here Download Ellen Brown's website is: http://www.webofdebt.com Source: noliesradio.org Fair & Balanced Aired: 5/12/09 12:00 AMThis podcast is an aggregate of audio files freely available online. Please visit the original source and subscribe to the host website.
