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Showing posts with label financial assets. Show all posts
Showing posts with label financial assets. Show all posts
Wednesday, September 19, 2018

Brian Romanchuk — Book Excerpt: Financial Assets Matter, Not Money

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If we abolish money from economic theory, what replaces it? The answer is: financial assets. Although this might be viewed as a superficial...
2 comments:
Monday, January 30, 2017

Brian Romanchuk — Released: Abolish Money (From Economics)!

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My latest report - Abolish Money (From Economics)! - has been released in ebook format. (The paperback edition will be published within a f...
7 comments:
Tuesday, October 20, 2015

Steve Roth — Thinking About “Assets” and Ownership

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Purely “real” or nonfinancial assets have no such offsetting claims on other balance sheets. In theory, they represent direct claims on rea...
5 comments:
Wednesday, November 27, 2013

Paul Davidson — Bitcoin and MMT

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What is Bitcoin? According to Modern Money Theory, bitcoin can not be money since it is not accepted in payment of taxes by any government...
21 comments:
Monday, January 16, 2012

Update on "An MMT Thought Experiment: The Arithmetic and Political Mechanics of Net Financial Assets"

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Commenter geerussell alerts us that the conversation on Steve Roth's post has some interesting comments, mostly by JKH. These are a mus...
2 comments:
Friday, January 13, 2012

Steve Roth — An MMT Thought Experiment

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I ask not just for clarity, but because (as always), I’m struggling with the relationship between fixed assets and financial assets, betwee...
3 comments: