Modern Monetary Theory (MMT)

Everyone likes free stuff.

It turns out governments cannot go bankrupt spending their own currency. Heck they don’t even need taxes (taxes are mainly useful¬†for creating demand for government currency). Continue reading “Modern Monetary Theory (MMT)”

Self-funding credit (bank-free currency)

We are painfully aware of the severely distorted distribution of wealth on our planet, and how it came about.

Global wealth distribution pyramidBut

But what can we do about it? Continue reading “Self-funding credit (bank-free currency)”