Is the Run on the Dollar Due to Panic or Greed?

Ellen Brown / Truthdig Nov 4, 2019 Some experts believe bankers are depriving small businesses of affordable loans in order to line their own pockets. Dig deeper ( 6 Min. Read )

The American Dream Is Alive and Well—in China

Ellen Brown / Truthdig Jun 13, 2019 The majority of Chinese families own their homes outright, while fewer than 65% of Americans do. What gives? Dig deeper ( 6 Min. Read )

Job Gain Points to a U.S. Economy Slowing but Hardly Stalling

CHRISTOPHER RUGABER / The Associated Press Apr 5, 2019 The U.S. economic expansion is set to become the longest on record in July. Dig deeper ( 5 Min. Read )

The Fed Boosts Wall Street, Not Main Street

Nomi Prins / Truthdig May 1, 2018 Today's central bank collusion is nothing more than a massive “trickle down” subsidy for the financial system—and promises for the masses. Dig deeper ( 8 Min. Read )

Saving Illinois: Getting More Bang for Its Bucks

By Ellen Brown / Web of Debt Jul 24, 2017 The state is teetering on the edge of bankruptcy, and others are not far behind, largely because of unfunded pension liabilities. But solutions exist. Dig deeper ( 6 Min. Read )

The Citadel Is Breached: Congress Taps the Federal Reserve for Infrastructure Funding

By Ellen Brown / Web of Debt Jan 18, 2016 In a landmark infrastructure bill passed in December, Congress finally tapped into the Federal Reserve for infrastructure funding. Some experts say legislators should go further and authorize funds to be issued directly. Dig deeper ( 6 Min. Read )

Time for the Nuclear Option: Raining Money on Main Street

By Ellen Brown, Web of Debt Sep 23, 2015 Economists predict that we will soon see the direct injection of central bank-created money into the real economy worldwide. All other options having failed, governments will cover budget deficits by issuing money outright. Dig deeper ( 7 Min. Read )

The Looming Foreclosure Crisis: Local Governments Step In

By Ellen Brown, Web of Debt Jul 7, 2014 Mortgage debt overhang from the housing bust has meant lack of middle-class spending power, and low consumer demand is 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 domain and litigation over MERS. Dig deeper ( 6 Min. Read )

Amend the Fed: We Need a Central Bank that Serves Main Street

By Ellen Brown, Web of Debt Dec 8, 2013 Congress has the power to amend the Fed -- just as it did in 1934, 1958 and 2010. For the central bank to satisfy its mandate to promote full employment and become an institution that serves all the people -- not just the 1% -- the Fed needs fundamental reform. Dig deeper ( 8 Min. Read )

Collateral Damage: QE3 and the Shadow Banking System

By Ellen Brown, Web of Debt Jul 26, 2013 Rather than expanding the money supply, quantitative easing has actually caused it to shrink by sucking up the collateral needed by the shadow banking system to create credit. This “failure” has prompted the Bank for International Settlements to urge the Fed to shirk its mandate to pursue full employment, though the sort of QE that could fulfill that mandate has not yet been tried. Dig deeper ( 6 Min. Read )

Gay Marriage: Why the Supreme Court Might Disappoint Conventional Thinking

Staff / Truthdig Jun 25, 2013 Last week on Truthdig Radio in association with KPFK: The stock market plunges, Afghan author Qais Akbar Omar reacts to the news that direct talks between the United States and the Taliban have already broken down, Texas wages a war on high school kids and the Supreme Court threatens the happiness of gays everywhere. Dig deeper ( 2 Min. Read )

Wall Street Doesn’t Like What Fed Chairman Has to Say

Peter Z. Scheer / Truthdig Jun 20, 2013 The Federal Reserve will continue to buy bonds at a rate of $85 billion a month, but Chairman Ben Bernanke said better economic indicators mean the central bank could end its quantitative easing policy in 2014. Dig deeper ( 1 Min. Read )