[lbo-talk] Money

Steve Bruns sdbruns at telus.net
Sat Aug 6 08:50:15 PDT 2011

I'm having trouble parsing the fundamental difference between Brad Delong's $500B platinum coin, Bernanke's "computer keystroke" funding of QE 1, 2 and soon to be 3 and the Chartalist/MMT concept of money = points. Doesn't this put to rest the notion that Treasury needs to borrow funds to deficit spend - other than the statutory requirement, of couse? Could someone point me to a clarification?

Steve Bruns Kelowna, BC

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