We begin a video discussion on the topic that Austrian economics proponent Mr. Kaj Grussner says public money advocates are avoiding – the likelihood that monetary reform along the lines of the NEED Act would cause inflation of hyperinflation.
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NEED Act Benefit to the States: Coffee with Joe 1-20-11
Pete calculates how much money might be created in one year in the US under the NEED Act and comes up with a figure of $423 billion (3% of the $14.1 Trillion US GDP in 2009).
The NEED Act–Neither Inflationary nor Deflationary: Coffee with
Joe highlights the governing principle of the monetary authority in the NEED Act, HR 6550.
Consider H.R. 6550!: An Appeal to VT Senators Sanders and Leahy
Joe and Pete ask Pete’s US Senators Sanders and Leahy to have their best economics people read Dennis Kucinich’s brand-new NEED Act, the National Employment Emergency Defense Act, which would completely reform the debt-based monetary system we have h
The NEED Act, H.R. 6550: The National Emergency Employment Defense Act of 2010
Cick here for a PDF of Dennis Kucinich’s brand new monetary reform act.
Coffee with Joe 12-16-10: The Year in Review
It’s looking like Dennis Kucinich will not be entering his monetary reform bill in Congress this fall; 2010 will not go down as one of the great years in monetary reform history. So, instead of reviewing the year, Joe reviews the the fundamental we
Coffee with Joe 12-9-10: Questions for Bernanke and Summers
Joe asks the questions of Ben Bernanke that Scott Pelley missed in the recent 60 Minutes interview; then extends those questions to Larry Summers who warned of a double dip recession if we didn’t pass the tax compromise before the US Congress right
Coffee with Joe 12-2-10: A Video Essay to Senator Sanders
Joe and Pete’s belated entry to VT Senator Bernie Sanders’ essay contest asking for help to start a “serious conversation about how we move towards a balanced budget that is fair to working people and the middle class.” We won’t get there by cutti
Coffee with Joe 11-30-10: Monetary Alchemy
Quote from Bank of England Governor Mervyn King’s Oct. 25 2010 speech: “”…eliminating fractional reserve banking explicitly recognises(sic) that the pretence that risk-free deposits can be supported by risky assets is alchemy.”
Coffee with Joe 11-15-10: Monetary Sovereignty at Risk
The recent meeting of the G-20 in South Korea yielded little but conflict and platitudes from President Obama, but our boys use the event to discuss international efforts to address the financial crisis.
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Jim on Turning Around a Balance Sheet Recession: Coffee with Joe, 6-28-11
Jim on Turning Around a Balance Sheet Recession: Coffee with Joe, 6-28-11
Jim on Turning Around a Balance Sheet Recession: Coffee with Joe, 6-28-11