Strike Debt Radio, hosted by (he’s) Mike and (she’s) Cassie, aired its fifth segment Wednesday morning, April 2nd, on KPFA’s Morning Mix. They begin with the question of where money comes from (you might be surprised!) and end with an interview with Ellen Brown, an advocate of public banking.
“Money is an idea…”
“A thing we can exchange…”
“A general equivalent between all things…”
“Ones and zeroes on the banks’ computers.”
“Only 3% of ‘money’ is coins and cash.”
“All cash is money, but very little money is cash.”
“Where does the rest of the money, the electronic money, come from?”
“When you go into the bank they never say ‘I’m sorry, we just lent your money to Mr. Smith…”
Listen.
And Become a Little Less Befuddled…
Find the first three episodes of Strike Debt Radio here.
- General Introduction.
- Student Debt, Part I.
- Student Debt, Part II.
And the Fourth episode, an interview with Professor and Occupy Organizer Andrew Ross , here.
Listen to the complete Strike Debt Radio song.
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