Ellen Brown, Mullumbimby

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Tuesday, 3 November 2020 - 7:00pm

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** Please note the change of date -- it's now on Tuesday evening (showing football Wednesday night).**

Please book vis Turningpointtalks.com, because of Covid restrictions. However, if you have issues with link please come anyways as should be enough tickets at door. Donation only!

Ellen Brown is one of the most important activists in the USA. She supports Public Banking and exposes the destructiveness of privatized banking. She has written over 14 books including the best seller “Web of Debt”, also the name of her website. She is a lawyer and natural medicine advocate.

Her books and speeches cut through obscure financial blather to enlighten ordinary people. Complex ideas become crystal clear. After listening to Ellen people suddenly realize what causes so much inequality and ecological damage: money. More importantly, we can then see what to do about rescuing our democracy and our environment!

Ellen reveals the reasons for the appalling choice Americans have to make in the upcoming elections. Both Democrats and Republicans have been captured by the power of Big Money; private banks and investment houses which create credit for the wrong projects and then gamble on the derivative market. Small business and families pay via expensive credit cards to gain some working capital, while large business has subsidies, loans and bailouts from cronies in the Treasury, Wall Street and Government.

Her talk will be day after the US elections, and amidst the chaos and recriminations, her insights will help Australians see through to causes and solutions. Attendees at her Nov 3rd Zoom presentation will leave with new enthusiasm and understanding. The presentation will be partly via video, but people who would like to be part of the live Zoom connection a few days before, asking questions directly, could contact Liz (through this website)

She speaks at length about what can replace our Pyramid Scheme banking system. Credit should be created by accountable Government agencies i.e. Public Banking. Ellen is President of the US Public Banking Institute, and already Nth Dakota has one, so weathered the 2008 financial crisis just fine. Thanks to her tireless advocacy, 14 other states including California, are nearly ready to create state banks which can fund ecological projects, affordable housing and small business. Infrastructure and whole states in the US are now insolvent and in great need of repair.

Other forms of money are needed as well. In India and China vast amounts of capital are available via phone banking which bypasses the banks. The volume of this credit is greater than the whole US GDP ! Cryptocurrencies, local currencies, peer to peer loans and barter systems are just some of the possibilities. Diversity is the key to stability!

Above all we need to be alert to the IMFs upcoming world wide currency, cashless SDRs, issued by the unaccountable BIS and other centralized institutions which will effectively stop countries deciding their fates and saving their citizens in downturns. Check out “the Great Reset” to hear of some these plans to bypass democracy.

Ellen’s message is crucial for citizens of every country, totally relevant to the US elections and a rare pathway for a brighter future!

From her website; Our money system is not what we have been led to believe. The creation of money has been "privatized," or taken over by private money lenders. Except for coins, all of our money is now created as loans advanced by private banking institutions. 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.

Not only is virtually the entire money supply created privately by banks, but a mere handful of very big banks is responsible for a massive investment scheme known as "derivatives," which now tallies in at hundreds of trillions of dollars. The banking system has been contrived so that these big banks always get bailed out by the taxpayers from their risky ventures, but the scheme has reached its mathematical limits. There isn't enough money in the entire global economy to bail out the banks from a massive derivatives default today. We are likely to have economic breakdown very soon.