Economic Analysis, Theory

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James MurrayLucian and PJM,You must be right that hitching the PM wagon to the Global Warming Star is doomed to weaken its message.It is quite correct that the extra cash that is made available to the Government by means of Sovereign Money Creation can be spent on reducing carbon and thereby attract the Green e...

2 weeks ago

PJMI agree absolutely, Lucian, and I've tried for years to persuade PM's people to ignore the catastrophic man-made global warming nonsense and simply focus on monetary reform....

2 weeks ago

Lucian AerisWhy make monetary reform about the pursuit of a 'low-carbon' economy? The supposed threat of carbon dioxide is espoused by a politically sponsored organisation, of which the political sponsor just happens to gain immense international authority as a result of its conclusions....

2 weeks ago
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KimYou give weird examples, it doesn't work like that in the modern industrial world. You need some kind of standardized measure of value, that's where a government usually comes in. A democratic institution should at least in theory look after the common good - banks are not even supposed to do that.....

21 hours ago

Roger Glyndwr Lewishttp://simonthorpesideas.bl...All Risk No Reward 2 years agoYes, the money flows, BUT NOT TO THE MAIN STREET DEBTORS IN AMOUNTS THAT MAKE THEIR DEBTS PAYABLE. Therefore, the choice is to exponentially grow the debt until the exponential debt-money growth implodes on its own or allow Main Street to i...

1 weeks ago

Roger Glyndwr LewisBernard Lietaers fable of the 11th round adresses this question, I have wondered why Steve Keen and others seem so keen to pooh pooh this as a naive urban myth. Usury is the Price of money, it is the metric of Economists, the high priests of Economics Woo.What we see in Keen and Varafoukis is really...

1 weeks ago
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medialAxis"Our position on cryptocurrency is that blockchain technology is a very interesting research area, but Bitcoin has a variety of risks, limitations and design flaws that prevent it from addressing the core systemic problems with our monetary system."AIUI, the idea behind bitcoin was, at least in part...

last month

Zack, Positive MoneyOur position on cryptocurrency is that blockchain technology is a very interesting research area, but Bitcoin has a variety of risks, limitations and design flaws that prevent it from addressing the core systemic problems with our monetary system. These include malicious mining strategies from withi...

last month

Zack, Positive MoneyJust to clarify, Positive Money does not propose a cashless society. Physical cash should remain in circulation as long is there is a demand for it. What we propose is that ordinary people should also be able to hold cash in digital form in accounts at the Bank of England.Please see our Digital Cash...

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