In this installment, Pete and Joe discuss the PMR’s recommendation that the Federal Government issue the money debt-free after repealing fractional reserve banking, then contrast it to the American Monetary Institute’s proposed legislation.
Archive for the ‘History’ Category
Coffee with Joe 7-24-10: PMR 100% Reserves
Further detail about the document from 1939, “A Program for Monetary Reform” (aka PMR). In this installment, Pete and Joe discuss the PMR’s take on the alternative to fractional reserve banking, full-reserve banking, aka 100% Reserves, or as PMR co-author Irving Fisher titled his book, 100% Money.
Coffee with Joe 7-22-10: PMR Criticism of Fractional Reserve Banking
Further detail about the document from 1939, “A Program for Monetary Reform” (aka PMR). In this installment, Pete and Joe discuss the PMR’s take on fractional reserve banking.
Coffee with Joe 7-15-10a: PMR Says No to Gold Standard
Further detail about the document from 1939, “A Program for Monetary Reform” (aka PMR). In this episode, Joe and Pete discuss the section on the problems with the gold standard, and what the authors suggest as an alternative, the “standard of stable buying power”.
Coffee with Joe 7-1-10: A Program for Monetary Reform
Joe introduces the rare 1939 document, a proposal for debt-free money (Greenbacks) issue by the Federal Government that specifically addresses the monetary authority that would control the amount of money. It also calls for repeal of Fractional Reserve Banking (money creation by private banks.)
A Program for Monetary Reform, the 1939 Document
We have several different file formats of the rare document available, thanks in part to Zarathusthra and Joe who retyped and reformatted the entire paper from Joe’s Xerox copy of the original. 1) A Program for Monetary Reform (clean, 29 page PDF: recommended) Other versions: 2) Word document of version #1 (29 pages) 3) Scan [...]
Coffee with Joe 6-10-10; Frederick Soddy
Soddy won the Nobel Prize in chemistry in 1921, then turned his attention to a scientific approach to money and the economy. Joe recommends we spend some time getting to know him. Arian Nevin’s website is a good place to start.
Seigniorage, by Eric Zencey
My friend, Eric Zencey, has just posted this outstanding article at George Mason University’s History News Network: Seigniorage Chances are that unless you’re a total financial policy wonk, you’ve never heard the term “seigniorage.” But you should, because doing the right thing with it could help solve two large and interrelated problems: instability in our [...]
Coffee with Joe 7-8-10: State Banking?
by Peter on July 8th, 2010
Filed under: Coffee with Joe, Current Events, History | Tags: Alex Jones, analysis commentary, Bank of North Dakota, Bill Still, Coffee with Joe 7-8-10, Joe Bongiovanni, Kettle Pond Institute for Debt-Free Money, Monetary Reform, Nathan Martin, Nathan's Economic Edge, Prison Planet, Program for Monetary Reform, SwarmUSA, Zarathustra Youtube
Pete thanks Zarathustra for typing up the “Program for Monetary Reform” which was highlighted in last week’s Coffee with Joe. Then the conversation moves to Bill Still’s interview with Alex Jones a few days ago. Bill is a founder of the Greenback monetary reform effort SwarmUSA . He says we need to end private money creation, [...]
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