It’s Our Money with Ellen Brown - Time to Think Hard About Local Community Investment

Time to Think Hard About Local Community Investment

 

Amid the devastating economic impacts of Corvid-19, Ellen discusses her observations of an evident “War on the States” in which states find themselves fighting for parity in Fed funding for virus recovery. With this forced-refocusing on local financial resources, individuals and communities must reconsider where they’ve been investing their money. Global financial markets have dominated and distorted our systems of economic investment and have done very little for the important concerns of community vitality and public interest, namely local businesses. But security laws have begun to slowly open new opportunities for local investments and our guest, noted author, economist and leading protagonist of crowd-funding Michael Shuman, argues that local investment is key to generating lasting health in local economies, and public banking plays an important role in bringing it forward.