Joe contends that the debt-based monetary system is what is broken, and financial reforms (like reinstating Glass-Steagall) will only delay the eventual collapse of the economy, not prevent it like monetary reform would.
Coffee with Joe 1/14/10: Financial or Monetary Reform?
by Peter on January 17th, 2010
Filed under: Coffee with Joe, Current Events, Videos | Tags: Chicago Plan, debt-free money system, Glass-Steagall Act, Monetary Reform, too big to fail, US Constitution
Recent Posts
Recent Comments
- I really liked this post. I have one you may be interested in on saving 14.8 T off the Catfood...
letsgetitdone on The Mother of All Free Lunches - dagman, Thanks for that. Some people do see the Fed directly purchasing Treasury...
Joe on Coffee with Joe 6-25-10: A Disagreement Among Monetary Reformers - I am amazed I had never heard of non debt-based money and really had no idea how...
dagman on Coffee with Joe 6-25-10: A Disagreement Among Monetary Reformers
A Note on Etiquette
We welcome all points of view. We respect all honest and open minded inquiry. We ask (but do not require) that you use some part of your real name on blog postings, and that you refrain from the personal attacks that characterize so much of the blogosphere. As a general rule, if you wouldn’t say it like that in front of your grandmother, please don’t say it that way here. There are Grandmas reading this blog.