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Labour market measurement – Part 3

Labour market measurement – Part 3 | The Money Chronicle | Scoop.it
I am now using Friday’s blog space to provide draft versions of the Modern Monetary Theory textbook that I am writing with my colleague and friend Randy Wray. We expect to complete the text by the end of this year.
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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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Congress Must Put The Interest Of The American People First

Congress Must Put The Interest Of The American People First | The Money Chronicle | Scoop.it
On July 24, 2014, Philip G. Cohen writes on The Hill Congress Blog:
There have been in the last few months a plethora of U.S. companies that have announced plans to engage in an inversion transaction.
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Why Voters Aren’t Angrier About Economic Inequality

Why Voters Aren’t Angrier About Economic Inequality | The Money Chronicle | Scoop.it
A demonstration in Washington in January 2012 connected to the Occupy Wall Street protest.CreditDoug Mills/The New York Times On July 24, 2014, Edurado Porter writes in The New York Times: Why don’t governments in democratic societies do more to...
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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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The Nick Hanauer Debate: Trickledown, Trickle Dee, And Trickle Dumb

The Nick Hanauer Debate: Trickledown, Trickle Dee, And Trickle Dumb | The Money Chronicle | Scoop.it
On July 23, 2014, Richard Levick writes in Forbes Magazine: As professionals whose work includes a fair amount of crisis management, we’re often asked to articulate the best practices of what has for obvious reasons become a discipline of increased...
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What Does the Minimum Wage Do? An Interview With Author/Economist Paul Wolfson

What Does the Minimum Wage Do? An Interview With Author/Economist Paul Wolfson | The Money Chronicle | Scoop.it
On July 24, 2014, Jared Bernstein writes on The Huffington Post: To celebrate the fifth anniversary of the last increase in the federal minimum wage and to call attention to the fact that the federal wage floor has not risen in five years, the US...
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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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