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The Money Chronicle
Issues dealing with money reform and changes to our monetary system
Curated by Dai
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Do We Own Our Social Security Accounts?, I: The Complaint

Do We Own Our Social Security Accounts?, I: The Complaint | The Money Chronicle | Scoop.it
A little while back we got a forwarded e-mail from a correspondent who occasionally sends us . . . provocative materials.  This piece, with the subject line, “Do You Think She’s Pissed?
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By: No Miss

By: No Miss | The Money Chronicle | Scoop.it
The animation misses a critical point. It’s not the banks that fill
out the forms at the estate agents with the asking price. It’s the
seller.
It’s not the banks that force prices
upwards….
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Clifford Hugh Douglas | SOCIAL CREDIT - the Art of 12 - Blogger

Clifford Hugh Douglas | SOCIAL CREDIT - the Art of 12 - Blogger | The Money Chronicle | Scoop.it
Clifford Hugh Douglas | SOCIAL CREDIT | 1-Pub Mar 8 '13, 2-Pub 10/11/13 | "DOUGLAS SOCIAL CREDIT" AND "AUSTERITIES," "SEQUESTERS," ETC. http://digitaljournal.com/img/9/3/7/. Clifford Hugh DOUGLAS "SOCIAL ...
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BANKING VS DEMOCRACY: How Power Has Shifted from Parliament to the Banking Sector » Positive Money

BANKING VS DEMOCRACY: How Power Has Shifted from Parliament to the Banking Sector » Positive Money | The Money Chronicle | Scoop.it
BANKING VS #DEMOCRACY: How Power Has Shifted from Parliament to the Banking Sector » http://t.co/4QrIHnBJGA
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RALPHONOMICS: Simon Wren-Lewis likes Positive Money?

RALPHONOMICS: Simon Wren-Lewis likes Positive Money? | The Money Chronicle | Scoop.it
Simon Wren-Lewis (Oxford economics prof) argues for cooperation between central banks and fiscal authorities, which is very much Positive Money policy. Or to be more accurate, PM argues for fiscal and monetary policy to ...
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What You Think You Know About Money is Wrong (w/ Stephanie Kelton) - YouTube

Professor Stephanie Kelton Chair of the Department of Economics at the University of Missouri-Kansas City explains the Bretton Woods System and the end of th...
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Bubble States Underemployment Rates Haunt Yellen – Bloomberg

Bubble States Underemployment Rates Haunt Yellen – Bloomberg | The Money Chronicle | Scoop.it
Photographer: Ben Torres/Bloomberg
Job seekers wait in line to enter a job fair hosted by JobExpo.com in Dallas, Texas, U.S.
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Majority Report 5/22/14 - Stephanie Kelton: Busting Monetary Myths

Good morning folks! On today's show Professor Stephanie Kelton (@StephanieKelton) will join us. Tune in at noon!
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News from Italy – Positive Money ideas presented at the second largest book fair in Europe

News from Italy – Positive Money ideas presented at the second largest book fair in Europe | The Money Chronicle | Scoop.it
Luca Ciarrocca, editor in chief and founder of www.wallstreetitalia.com, a leading independent Economy & Politics website, is now totally committed in being the evangelizer of Positive Money in Italy.
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Soft Currency Economics II (MMT - Modern Monetary Theory) eBook: Warren Mosler: Amazon.in: Kindle Store

Soft Currency Economics II (MMT - Modern Monetary Theory) eBook: Warren Mosler: Amazon.in: Kindle Store | The Money Chronicle | Scoop.it
Soft Currency Economics II (MMT - Modern Monetary Theory) eBook: Warren Mosler: Amazon.in: Kindle Store (#7: Soft Currency Economics II (MMT - Modern Monetary Theory)

Soft Currency Economics I...
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The Ecologist: Making money - the state must reclaim its sovereign rights » Positive Money

The Ecologist: Making money - the state must reclaim its sovereign rights » Positive Money | The Money Chronicle | Scoop.it
RT @PositiveMoneyUK: The Ecologist: Making money – the state must reclaim its sovereign rights http://t.co/kNbWnHKTL2
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My suggestion for solving our euro woes? Back-up currencies

My suggestion for solving our euro woes? Back-up currencies | The Money Chronicle | Scoop.it
Leander Bindewald: Smaller alternatives such as Greece's TEM could bolster, rather than undermine, a single currency that has proved inadequate to serve southern Europe
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What's Wrong with the Current Monetary System - P2P Foundation

What's Wrong with the Current Monetary System - P2P Foundation | The Money Chronicle | Scoop.it
Dai's insight:

Commercial banks grant loans by creating account money in order to maximize their interest revenues. The more money they issue the higher their profits – as long as the debtors are able to pay. In times of economic growth banks most willingly grant loans so as to profit from the boom whereas in times of economic decline their granting of credit is very restrictive in order to reduce their risks. This is how commercial banks induce an oversupply of money in booms and an undersupply of money in recessions amplifying business cycles as well as financial market fluctuations and creating asset bubbles in real estate and commodities which may cause heavy damages to society and to the banking system itself when they burst. Again, the 2008 mortgage-triggered banking crisis after the burst of the U.S. real estate bubble is the most illustrative example.

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Debunking Modern Monetary Theory (MMT) & Understanding it First

Debunking Modern Monetary Theory (MMT) & Understanding it First | The Money Chronicle | Scoop.it
Firstly, your humble writer, who was distracted first by untimely (though much enjoyed) reserve duty, and then quite a heavy workload, failed to convey his profound and (at the time) prophetic comm...
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Guest Posting: A Critical Response

Guest Posting: A Critical Response | The Money Chronicle | Scoop.it
Every so often (like every couple of hours or so) we get a response or a comment from someone who seems to have seen a word or two he or she disagrees with in something we said or wrote, and shoots off a comment before checking to see if his or her...
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▶ The Money Myth: Jem Bendell at TEDxTransmedia2011 - YouTube

Jem Bendell is a professor and the owner-director of Lifeworth Consulting, providing solutions for systemic change towards sustainable development. For 16 ye...
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What Is The New Popularism?

What Is The New Popularism? | The Money Chronicle | Scoop.it
And second, protest wasn’t enough. They had to invent new ideas, sweeping reforms to make the economy work for working people.
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5/22 Stephanie Kelton: What You Think You Know About Money is Wrong | The Majority Report with Sam Seder

5/22 Stephanie Kelton: What You Think You Know About Money is Wrong | The Majority Report with Sam Seder | The Money Chronicle | Scoop.it
RT @Austerity_Sucks: on @majorityfm w @SamSeder 5/22 @StephanieKelton What You Think You Know About Money is Wrong http://t.co/umsA6FMNxA @…
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NEP’s Randy Wray on Thom Hartmann’s Show

NEP’s Randy Wray on Thom Hartmann’s Show | The Money Chronicle | Scoop.it
NEP’s Randy Wray on Thom Hartmann’s Show
Randy Wray is appearing live on Thom Hartmann’s show on Tuesday May 27th, 2014 from 3:00-4:00 ET.
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Our pilots covered by Guardian Sustainable Business | Community ...

Our pilots covered by Guardian Sustainable Business | Community ... | The Money Chronicle | Scoop.it
Nef is also involved in an EU project looking at six further pilot projects, including Nantes' SoNantes currency, a digital-only system of exchange, and Holland-based TradeQoin, which aims to go beyond the hyperlocal and ...
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QE reduction in time for next speculative kickoff

QE reduction in time for next speculative kickoff | The Money Chronicle | Scoop.it
JESSICA DESVARIEUX, TRNN PRODUCER: It’s been about four years since the financial crash, and the Federal Reserve has been scaling back its program of monthly purchases of government and mortgage bonds.
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Stephanie Kelton: Busting Monetary Myths | The Majority Report with Sam Seder

Stephanie Kelton: Busting Monetary Myths | The Majority Report with Sam Seder | The Money Chronicle | Scoop.it
just like correlation does not necessarily equal causation do u SFB's know proximity does not equal prowess? http://t.co/89mySMFycm pathetic
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My suggestion for solving our euro woes? Back-up currencies

My suggestion for solving our euro woes? Back-up currencies | The Money Chronicle | Scoop.it
Leander Bindewald: Smaller alternatives such as Greece's TEM could bolster, rather than undermine, a single currency that has proved inadequate to serve southern Europe
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