[lbo-talk] A liberal geek defense of Ron Paul

[nathan tankus]

"A uniquely "Chartalist" position? Many economists and others across
the political spectrum have stressed that the crisis is proving
intractable for the PIIGS because they no longer have the power to
devalue their own currency. The UK and Japan are more indebted than
some of them, but they can print as many pounds and yen as they need
to satisfy investors they won't default on their debt. Krugman is not
being unorthodox here."

Orthodoxy would disagree with you. I never said that it was a
"uniquely" Chartalist position, as many very intelligent thinkers on
this page would attest.

-- 
-Nathan Tankus
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