An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Sunday, February 26, 2012
The bankers' worst nightmare
Stephanie Kelton
@deficitowl
tweets: Here's a partial view of the bankers' worst nightmare that is here in Rimini, Italy learning about #MMT this weekend.pic.twitter.com/K9CKa6I6
Quote: I have just returned from Rimini, Italy, where I experienced one of the most amazing spectacles of my academic life. . . . stepped into the basketball auditorium on Friday night. We walked down, and down, and further down the central aisle, past a packed audience reported as over 2,100. It was like entering the Oscars as People called out our first names. Some told us they had read all of our economics blogs. Stephanie said that now she understood how the Beatles felt. There was prolonged applause – all for an intellectual rather than a physical sporting event. . . . .
Does Warren's presumption that it's a deadly *innocent* fraud not apply to Europe, at least to the same degree?
ReplyDeleteI think this deserves one of your patented "woo-hoo's" Tom, ;)
ReplyDeletewill they do a tour in america?
ReplyDeleteMichael Hudson has an article out on the Rimini event - Our Very Own Oscar Night in Rimini
ReplyDeleteQuote:
I have just returned from Rimini, Italy, where I experienced one of the most amazing spectacles of my academic life.
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stepped into the basketball auditorium on Friday night. We walked down, and down, and further down the central aisle, past a packed audience reported as over 2,100. It was like entering the Oscars as People called out our first names. Some told us they had read all of our economics blogs. Stephanie said that now she understood how the Beatles felt. There was prolonged applause – all for an intellectual rather than a physical sporting event.
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