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About the Author

My academic background is in philosophy and political economy, but since 1978 I have made my living in small business so I consider myself a free enterpriser and a "worker" (though "owning" and "managing" are also part of being in business). I began studying monetary systems after the 1982 crash that was precipitated by the Mexican default. Most people are not aware that most of the big American (and Canadian) banks were rendered technically insolvent by their Latin loan losses, just as American banks are currently insolvent due to real estate value declines. I began blogging about monetary reform after the 2008 crash and have been happy to encounter a wide and varied movement promoting understanding of our money system and why its current operation generates the perverse outcomes we are suffering today.