(Audio length 00:58:48)
Smoke and mirrors? The world of finance is built on mutual agreements quantified by digitized records representing the full faith and credit of someone, whether an individual or a country. Not gold, not silver, not paper. Ellen’s guest, Dr. Robert Hockett, says its time to create a 21st-century banking architecture capable of retiring the middlemen of private banks and turning the Fed into a public utility capable of freeing us from compounding usurious debt; it can even free us from the myth of monetary scarcity. And guest commentator Bob Bows provides historical context by exposing the story of money and usury in the first installment summarizing his “7 Steps to Global Economic and Spiritual Transformation.â€
