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An MMT Fiscal Responsibility Narrative: Some Truths After A Second Crowd Sourcing Revision

An MMT Fiscal Responsibility Narrative: Some Truths After A Second Crowd Sourcing RevisionBy Joe Firestone Many MMT posts and other writings on fiscal responsibility, including my own, focus on the myths of neoliberalism, pointing out why they are...
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The Money Chronicle
Issues dealing with money reform and changes to our monetary system
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The Role Of Money : Soddy,Frederick. : Free Download & Streaming : Internet Archive

You can download this book free from the internet archive in various formats if you have an Ereader or PDF. You can also listen to it read back to on the archive if you find that easier.

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The Technical Details (Advanced)

The Technical Details (Advanced) | The Money Chronicle | Scoop.it
Tweet The key to understanding what money is and how it is created is to forget everything you think you know about money and start again.
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Vulture Funds trump Argentinian sovereignty

Vulture Funds trump Argentinian sovereignty | The Money Chronicle | Scoop.it
PAUL JAY, SENIOR EDITOR, TRNN: Welcome to The Real News Network. I’m Paul Jay.
The U.S.
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Positively Un-American Tax Dodges

Positively Un-American Tax Dodges | The Money Chronicle | Scoop.it
Bigtime companies are moving their “headquarters” overseas to dodge billions in taxes … that means the rest of us pay their share.
On July 7, 2014, Alan Sloan writes in Fortune Magazine:
Ah, July!
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RALPHONOMICS: Randall Wray’s latest ideas on debt-free money.

RALPHONOMICS: Randall Wray’s latest ideas on debt-free money. | The Money Chronicle | Scoop.it
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Starting Salaries For College Grads Lag Behind Pay For Workers Overall

Starting Salaries For College Grads Lag Behind Pay For Workers Overall | The Money Chronicle | Scoop.it
A new report says the median wages of recent college graduates have not kept pace with the pay of the overall U.S. workforce. Above, UCLA’s 2013 commencement.
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All About - 1937 Social Credit backbenchers' revolt

What is 1937 Social Credit backbenchers' revolt? A report all about 1937 Social Credit backbenchers' revolt for homework/assignment The 1937 Social Credit backbenchers' revolt took place...
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▶ US Courts Defend Rights of Vulture Funds Over Argentina - YouTube

Michael Hudson and James Henry discuss the approaching July 30th deadline, that could see Argentina in a partial default - put there by American banks and co...
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Bernard Lietaer on Modern Monetary Theory (MMT) AKA Chartalism - YouTube

"Academically [MMT] has not been challenged. And from what I study on it, they are right!" The New Paradigm of Money: Monetary blind spots and structural sol...
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Nick Hanauer Wants The Fat Cats To Save Themselves. Here’s Why They Won’t.

Nick Hanauer Wants The Fat Cats To Save Themselves. Here’s Why They Won’t. | The Money Chronicle | Scoop.it
On July 21, 2014, Joseph Thorndike writes in Forbes:
Nick Hanauer is a rich guy with a conscience. Over the last few years, he’s become the poster boy for plutocratic guilt, urging his fellow 1 percenters to get serious about surging inequality.
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▶ Using Existing Government Funding To Create a Public Bank in Philadelphia - YouTube

Scott Baker makes an excellent presentation on how to use existing government funding to create a public bank in Philadelphia. This event, sponsored by The P...
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Our podcast on currencies, permaculture and the future of money ...

Our podcast on currencies, permaculture and the future of money ... | The Money Chronicle | Scoop.it
How can complementary currency help build a future we want to live in? ...
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▶ Prosperity For Main Street, Not Wall Street - YouTube

Our cities are not broke. They are struggling with onerous interest payments to Wall Street bankers who are nothing but middlemen. These interest payments im...
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Social credit - Wikipedia, the free encyclopedia

Social credit

Social credit is an interdisciplinary distributive philosophy developed by C. H. Douglas (1879-1952), a British engineer, who wrote a book by that name in 1924. It encompasses the fields of economics, political science, history, accounting, and physics. Its policies are designed, according to Douglas, to disperse economic and political power to individuals.

@TheH2 @allahpundit Are you talking about something like social credit?
http://t.co/VIrPy4rgZY
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How is money really made by banks? [Banking 101 Part 3]

How is money really made by banks? [Banking 101 Part 3] | The Money Chronicle | Scoop.it
Tweet In this video you can learn how commercial banks can create money through the accounting process they use when they make loans, how banks make payments between each other using specially created central bank money, if the Bank of...
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A 401(k) For All

A 401(k) For All | The Money Chronicle | Scoop.it
On July 22, 2014, Gene B. Sperling writes in The New York Times: ONE compelling way to turn the ongoing national discussion on wealth inequality into a tangible policy to help Americans increase their wealth and savings would be to fix what I have...
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Jacob Lew Calls For ‘Economic Patriotism,’ Seeks To Limit Offshore Tax Moves

Jacob Lew Calls For ‘Economic Patriotism,’ Seeks To Limit Offshore Tax Moves | The Money Chronicle | Scoop.it
Treasury Secretary Jacob Lew says a trend of U.S. companies reorganizing as foreign firms serves “to hollow out the U.S. corporate income tax base.” Above, Lew at a forum this month in Washington.
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The Flip Side of Debt Free Money - Global Economic Intersection

No, not HR2990 - the bill crafted by the American Monetary Institute and put forward by former Congressman Dennis Kucinich. That's too laden down with other things, like abolishing fractional reserve banking and making the ...
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Krugman’s Latest Debt Denial: Why His Two Magic Numbers Don’t Cut It

Krugman’s Latest Debt Denial: Why His Two Magic Numbers Don’t Cut It | The Money Chronicle | Scoop.it
On July 22, 2014, David Stockman writes on Contra Corner:
Professor Krugman is at it again—–conjuring fairy tales about a benign long-term fiscal outlook.
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I prefer Kotlikoff's full reserve system to Positive Money's.

I prefer Kotlikoff's full reserve system to Positive Money's. | The Money Chronicle | Scoop.it
The two systems are the same in that those who want a sum of money to be totally safe have it lodged or invested in a way that is totally safe: ie. they put it into an entity or account where relevant sums are simply lodged at the ...
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How much money can banks create? [Banking 101 Part 4]

How much money can banks create? [Banking 101 Part 4] | The Money Chronicle | Scoop.it
Tweet In this video we’ll see that the type of reserve ratio that’s discussed in the textbooks has never even existed in the UK.
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A banking change is just around the corner

A banking change is just around the corner | The Money Chronicle | Scoop.it
If another banking inquiry can't sort out the banks then digital finance soon will - look what happened to travel agents
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If Democrats Really Want To Address Inequality, They Need New Ideas

If Democrats Really Want To Address Inequality, They Need New Ideas | The Money Chronicle | Scoop.it
According to the U.S. Census, in 2011, the richest 1% received almost 47% of all income, the largest percentage since 1917. (Wes Bausmith / Los Angeles Times)
On July 20, 2014, Joseph R.
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The Free Market Is An Impossible Utopia

The Free Market Is An Impossible Utopia | The Money Chronicle | Scoop.it
On July 18, 2014, Fred Block and Margaret R.
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▶ You Know a Politician or Talking Head Doesn't "Get It" When... - YouTube

People will work for decades to make the money they need to pay the bills and other necessities. Yet, fewer than 1 in 1000 people understand how this money a...
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It's Our Money with Ellen Brown - 03/12/14 - PRN.fm

It's Our Money with Ellen Brown - 03/12/14 - PRN.fm | The Money Chronicle | Scoop.it
In the very first edition of this new program, Ellen provides a foundational statement describing the nature of our debt-based …
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