Tags: debt-free money

Martin Wolf: "Lord Turner Thinks the Unthinkable"

February 13th, 2013
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by Paul Kasriel alerted me in an email this morning to check out Martin Wolf's column today (13 February 2013) in the Financial Times.  Wolf's title:  "A case to reset basis of monetary policy."  The widely read associate editor and chief economics com… more »

Tags: adair turner, debt-free money, hyperinflation, inflation targeting, john lounsbury, mark carney, martin wolf, mmt, modern monetary theory.too big to fail, monetary sovereignty, monetizing debt, money and banking, permanent money, tbtf, temporary money, weimar republic

The Terrifying Danger of the Trillion Dollar Coin

January 9th, 2013
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Written by John Lounsbury To be fair, I have to say almost no one is talking about the basic tenet of the seigniorage proposal.  Warren Mosler mentioned it this week, but it probably went right over the head of all but the most serious students of the… more »

Tags: banking entitlement, beowulf, carlos mucha, debt-free money, fiat money, joe firestone, john lounsbury, mmt, modern money, money, money and banking, platinum coin, private finance, public finance, seigniorage, trillion dollar coin, warren mosler