Web of Debt
Ellen BrownLatest thoughts about money, banking, and our financial system.
| Platform |  | Pricing | Freemium | Publishes | Monthly |
|---|---|---|---|---|---|
| Issues | 51 | Subscribers | Read | ellenbrown.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
How a Fed Overhaul Could Eliminate the Federal Debt Crisis, Part I: The Fed’s Hidden Drain
he Federal Reserve’s independence is currently being challenged by political forces seeking to reshape its mandate. The Fed has not always been independent of Congress and the Treasury. Its independence was formalized only in 1951, with a T...
Unaudited Power: The Military Budget Nobody Controls
The U.S. federal debt has now passed $37 trillion and is growing at the rate of $1 trillion every five months. Interest on the debt exceeds $1 trillion annually, second only to Social Security in the federal budget. The military outlay is a...
The GENIUS Act and the National Bank Acts of 1863-64: Taking a Cue from Lincoln
This month Congress passed the GENIUS Act, an acronym for the “Guiding and Establishing National Innovation for U.S. Stablecoins of 2025.” Designed to regulate stablecoins, a category of cryptocurrency designed to maintain a stable value, t...
Why Public Funds Should Be Deposited in Publicly-Owned Banks
A thriving economy requires that credit flow freely for productive use. But today, a handful of giant banks diverts that flow into an exponentially-growing self-feeding pool of digital profits for themselves. Rather than allowing the free e...
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Authors
The writers behind this newsletter.
Founder and co-chair, Public Banking Institute; author of 400+ articles and 13 books, including "Web of Debt" and "The Public Bank Solution."
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