tag:blogger.com,1999:blog-2761684730989137546.post8874807714680005191..comments2024-03-29T09:32:34.853-04:00Comments on Mike Norman Economics: Pam and Russ Martens — Wall Street Banks Sued Again for Conspiring to Control a Marketmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2761684730989137546.post-47159568050567997352017-08-22T18:22:11.386-04:002017-08-22T18:22:11.386-04:00Someone a few years back mentioned that what the b...Someone a few years back mentioned that what the banks do, abetted by extensive government privilege, is enable the so-called creditworthy to sell fiat short.<br /><br />Yet it's deficit spending by the monetary sovereign that get's the blame for the resulting loss in purchasing power!<br /><br />So I advise MMT advocates to seriously embrace deprivileging the banks if they wish to MAXIMIZE the ability of the monetary sovereign to net create fiat for a given amount of price inflation - aside from it's THE RIGHT THING TO DO ANYWAY!Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.com