The AMI’s Dick Distelhorst wrote a lengthy rebuttal in the comment section of the von Mises blog article: The Dangers of Monetary Reform, which we reprint here.
Archive for the ‘Current Events’ Category
The Broken Debt-Money System Charted
Joe replies to Nick’s 3/22 posting of Nathan’s Blog Chart of the Century
Monetary Reform and Chartalism II
Joe replies to the Modern Mystic’s latest YouTube posting on Chartalism. There are many differences between the Chicago Plan and American Monetary Institute’s proposals for reform, and that of the Neo-chartalists that are rising to the fore of the discussion today.
The Other Flow of History
Joe responds to the ModernMystic that society will err in a major way if we even consider that the ratings agencies can determine the cost of government’s efforts to maintain economic stability, when it was the ratings agencies that caused the government’s actions in the first place by the agencies’ failure to properly “rate” the [...]
What To Do After Crash No. 2 ?
Joe replies to the ModernMystic query about what happens next, rejects the Euro Red-Button solution, and advocates for monetary sovereignty using debt-free money.
Coffee with Joe 3/5/10: von Mises Criticisms
A series of videos rebutting the criticisms presented in The Dangers of Monetary Reform at the Libertarian/Austrian von Mises website. See also, the posting Dick Distelhorst’s Rebuttal of Von Mises Criticisms. Part 1: Introduction, in which Pete lists the legitimate topics for discussion: Part 2: Constitutionality: (see also this on the “coinage clause” in Article [...]
Coffee with Joe 2-25-10: No Avoiding A Sovereign Debt Crisis?
Joe suggests there is one tool they don’t seem to be aware of: reform of the debt-based monetary system, along the lines suggested this week on Fox by Congressman Dennis Kucinich.
Kucinich Pushes Monetary Reform on Fox
Dennis Kucinich pushed the idea of reform of our debt-based monetary system on Fox yesterday. It’s a paradigm breaker for the host. Watch the latest business video at video.foxbusiness.com
Coffee with Joe 2-11-10: Monetary Sovereignty
Joe discusses the concept of monetary sovereignty, and relates it to the issues of the debt crisis in Greece and the other PIIGS countries, also the US Supreme Court decision declaring campaign finance limits unconstitutional, and Bernanke’s exit strategy.
It’s Not a Deficit, It’s New Money
Joe takes to task a group of progressive Democrats for advancing the myth that what we call deficits are a burden to, rather than an advancement of, economic prosperity. Joe uses the words of Thomas Edison to show that by embracing the concept of monetary sovereignty we are capable of breaking the yoke of the debt-industrialists of fractional-reserve banking and their shadow-banking kin.
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