tag:blogger.com,1999:blog-2761684730989137546.post299737400413371476..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Ellen Brown — Can Jill Carry Bernie’s Baton? A Look at the Green Candidate’s Radical Funding Solutionmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-2761684730989137546.post-63392291506345786212016-08-04T12:17:41.919-04:002016-08-04T12:17:41.919-04:00A more practical approach than "trillion doll...A more practical approach than "trillion dollar" coins and an ethical alternative to positive yielding sovereign debt is negative to 0% yielding sovereign debt combined with even more negative interest at the central bank except for individual citizen accounts which should be exempt from negative interest to a limit of, say, $250,000 US per citizen.<br /> <br />Trillion dollar coins are not practical since they can't be used for sterilization purposes while negative yielding sovereign debt can be and tends to reduce the national debt too - not that such a reduction is good, mind you so it should be combined with equal fiat distributions to all citizens for no decrease in the supply of fiat.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-66998479111584144662016-08-04T07:54:38.195-04:002016-08-04T07:54:38.195-04:00"As Stein quotes Alice Walker, “The most comm..."As Stein quotes Alice Walker, “The most common way people give up their power is by thinking they don’t have any.”<br /><br />Textbook libertarianism 101...Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-40032902608221027912016-08-04T06:47:11.436-04:002016-08-04T06:47:11.436-04:00"it is great to have outsmarted the Republica..."it is great to have outsmarted the Republicans."<br /><br />Beowulf is a Republican and so is Phillip Deihl who wrote the law....Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-26669723014110229882016-08-04T04:06:09.199-04:002016-08-04T04:06:09.199-04:00Stein has a good plan but I voted for her last tim...Stein has a good plan but I voted for her last time and it was a wasted vote. I suspect it would be the same thing this time.Anonymoushttps://www.blogger.com/profile/00952210635254985221noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-27307115724580242792016-08-04T02:25:22.129-04:002016-08-04T02:25:22.129-04:00The constitution says that the government had the ...The constitution says that the government had the right to coin money. Everyone knows that to coin money means to print money, all money, notes and all, and that today would mean electronic money, but the Republicans twisted that to mean coins only. So we have to have a $trillion coin instead, but it is great to have outsmarted the Republicans. Kaiveyhttps://www.blogger.com/profile/04195639305785321786noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-69220114438854594062016-08-03T20:27:10.725-04:002016-08-03T20:27:10.725-04:00Ellen was the first one to reference the use of a ...<i>Ellen was the first one to reference the use of a large denomination coin in her book Web of Debt - much before it was put out by MMT folk</i><br /><br />Right. beowulf (Carlos Mucha) picked it up from her and imported it into the MMT discussion through comments.<br /><br />Interestingly, both Ellen and Carlos are lawyers rather than economists, and this is a legal ploy.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-89754990275796498622016-08-03T20:09:05.180-04:002016-08-03T20:09:05.180-04:00Ellen was the first one to reference the use of a ...Ellen was the first one to reference the use of a large denomination coin in her book Web of Debt - much before it was put out by MMT folkUnknownhttps://www.blogger.com/profile/07198667003900590106noreply@blogger.com