Peter unleashes a torrent of flaming truth upon the communist usurper that calls herself Ellen Brown, author of Web of Debt, in this epic debate.
I highly recommend listening to this epic smackdown of monetarist theory.
Brown is left totally confused about the effects of printing money and where money comes from.
People that don’t have the first clue about what money actually is shouldn’t be writing books about how government should print endless amounts of money to fund its escapades.
Speaking of where money comes from, learn by watching this:
Economist Gary North actually equates her to a cheerleader for Hitler’s economics.
Ellen Brown is a lawyer by profession, a Greenbacker by confession, and a fan of Adolph Hitler’s economics by consistency.
She is quite open about her support for National Socialism’s economics, as I shall demonstrate. What is depressing is this: she is getting a respectful hearing in Tea Party circles. Her book, The Web of Debt (2006), is widely cited on the World Wide Web. As of early October, 2010, a Google search for “Ellen Brown” and “Web of Debt” generated close to 600,000 hits. This is huge.
Here is a tactical problem. For two generations, conservatives have been shouted down by the Left with this accusation: “Fascist!” Ellen Brown is now making this accusation plausible. Yet the great irony is this: Ellen Brown is a Leftist. There is nothing even remotely free market or conservative about The Web of Debt. It is a call for a Federally funded welfare state. She praises the New Deal. She praises John Maynard Keynes. She has only one objection to their recommended programs: governments borrowed money to fund them. She wants a welfare state that is funded entirely by paper money printed by Congress. She is about as conservative as Nancy Pelosi.
How could her ideas be getting a hearing in Tea Party circles? It’s a long story. Let me summarize it.