[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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