Preview Mode Links will not work in preview mode

Sep 22, 2009

In this episode we talk with author Ellen H. Brown, author of Web of Debt, about the creation of money, public banking, and naked short selling.

Upcoming guests for Two Beers With Steve are:

Richard Heinberg - Author of nine books including The Party's Over, Peak Everything and the newly released Blackout

George Selgin - University of Georgia Proffesor of Economics and authro fo the book The Theory of Free Banking

Also we will speak with the Producer of the Money Masters film w/ Bill Still.

As always you can subscribe to get automatic downloads of the show as soon as they are available.


Show Notes

Money as Debt

Naked Short Selling

Exponential Growth


almost eleven years ago

Debt settlement usllauy means you settle for less than what you actually owe (bad mark on credit)Debt relief usllauy involves consolidating your payments into a single loan. (if reported on your credit it is also a bad mark)Usually all fast fixes will leave some negativity on your report. Best to try to take out a single loan and pay off your smaller higher interest rate debts first. Or transfer high interest credit cards to lower interest credit cards. It would also be possible to find a private investor who will take over your debts (pay off your creditors) without reporting that it is another loan that is paying off the creditors.

almost eleven years ago

A debt settlement is an arngemeet between a debtor and a creditor to fully satisfy a debt for a reduced payoff amount. A debt settlement is usually reached when a debtor is unable to fully meet his/her debt obligations due to financial hardships and attempts by the creditor to collect on the debt have failed. The creditor agrees to cancel part of the debt and accept the remaining sum as full repayment. Debt settlement is also called debt negotiation. Technically speaking, a debt settlement is the arngemeet while debt negotiation is the process through which both parties reach that arngemeet.Debt relief is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations. It concerns in particular the Third World debt, which started exploding with the Latin American debt crisis (Mexico 1982, etc.). [url=]wvwwnqjkxv[/url] [link=]ekkybywo[/link]

almost eleven years ago

I would like to show some appreciation to the wtierr just for bailing me out of this particular incident. After surfing around through the the web and obtaining concepts which were not beneficial, I believed my entire life was over. Being alive without the presence of strategies to the difficulties you have sorted out by way of your entire review is a serious case, and the kind that could have negatively affected my entire career if I hadn't come across your blog post. Your main mastery and kindness in handling all areas was crucial. I don't know what I would've done if I had not come upon such a thing like this. I'm able to at this time relish my future. Thanks so much for your high quality and sensible help. I will not think twice to propose your blog post to any person who needs and wants support about this matter.

Mike Moskos
fourteen and a half years ago

I\'m new to your podcast--found you via the Kunstler interview (I think he\'s a great sage). I haven\'t heard all your interviews after, but:
--Ellen Brown is correct about money being nothing more than debt.
--However, she is wrong about creating money outta nothing as a mechanism of growth. When money is \"grown\", it is inflation. When people realize that the money has less value because its buys less, they must raise the amount they charge for their labor and businesses must raise the cost of their products/services. That\'s why the Fed has destroyed about 1% of the dollar\'s value (about 95% of the value destroyed in the Fed\'s 96 years).

You need to get someone from the Mises Institute ( to contradict her. Your guest, Ellen Brown, is on the right path, but she hasn\'t completely thought out what happens when ALL money around the world is inflated.

almost fifteen years ago

Janne for an entertaining exposé on what short selling can do to a company, you might consider watching the documentary \"stock shock.\" Here\'s a link to a review:


Ric Marshall
almost fifteen years ago

I thought you might get a laugh of a parody I did after hearing your comments during the \'cast about selling landmarks. Hopefully you enjoy it:

almost fifteen years ago

Thanks. Sometimes people have it easier with the written word than the spoken, as i said in the chris M tread i recomend ellens bok to get a more clear picture. People who dosnt know the subject of money should see money as debt video, 47 minutes long( your comming guests video The money masters( 3,5 hours long and not the best quality. Beginning to understand is a good thing :).

Janne (sweden)

almost fifteen years ago

Maybe this can explain shorting and naked shorting, is about 1 hour long audio and slides
This one is to understand a subject related to componding and growth. video (a professor emeritus of Physics at Univ of Colorado-Boulder) explaining \"exponential\"
Sorry, my first language is swedish :)