'The Web was invented by the British but exported totheUS...Wedon't

[Michael Perelman]

I believe that the idea was relatively popular, especially among those who
wanted to creat "land banks," which could supposedly turn debt into money.

Doug Henwood wrote:


> cite for where to find the pamphlet.
>
> Interesting. Isn't the notion of a central bank creating money out of
> thin air a relatively recent innovation? Certainly the B of E wasn't
> doing open market operations in the late 17th century.
>
> Doug

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu