Business Game Changers Radio with Sarah Westall: $17.9 Trillion in Debt – Is Public Banking a Reasonable Solution to our Debt Problem?
11/10/2014 12:00 pm PST
Ellen Brown joins us to talk about Public Banking, the Federal Reserve, and Public Banking. She is the president of the Public Banking Institute and the author of 12 books. Most notably her best selling book “The Web of Debt” and her most recent book “The Public Banking Solution”.
North Dakota and many countries have public banking systems. It is not a new and risky banking system. It is worth noting that North Dakota was the only state in the union that did not go in the red during the financial crises in 2008 and 2009. This was before the boom of oil that they are enjoying now. It also boasts the highest number of loans to small business, 3 times the national average. This is when loans to small businesses have dried up elsewhere in the country.
Maybe Public Banking is a real solution? Listen to the show and hear Ellen Brown discuss this topic, the Federal Reserve, and other interesting topics.
You can read more about Ellen Brown and order her books on her website at www.ellenbrown.com
Gear Up for 2015 – Help Employees Avoid High Interest Pay Day Loans
This week’s Gear up for 2015 segment features Flexwage, a company that has a patented solution for providing employee pay on a daily basis. It has shown to significantly reduce payday loans and other alternative financing options that many people with cash flow issues are forced to use. The alternative and payday industry reaps 500% to 1500% interest rates and is currently a 300 billion dollar industry.
You can see more about Flexwage on their website at www.flexwage.com
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