Home » xyzzy » Dungeon » Modern Monetary Theory (or, how I stopped worrying about the natl debt.)
Re: Modern Monetary Theory [message #97428 is a reply to message #97394] Sun, 11 February 2024 19:34 Go to previous messageGo to previous message
Rusty is currently offline  Rusty
Messages: 1188
Registered: May 2018
Location: Kansas City Missouri
Illuminati (3rd Degree)
The biggest impediment to our economic turmoil is banking. Private banking unleashed in the 1990's Clinton administration from the Glass Stiegel Act of the 1930's after the stock market crash of the 20's. The last barrier to keep private banking from unchecked speculative behavior. Resulting in total control fraud in 2008 in the housing collapse. This discussion in transcript to the video gives clues for what would be needed to realign our economy towards becoming a REAL economy again. From the fictitious financialized debt laden one we have now.

https://www.nakedcapitalism.com/2024/02/economic-solutions-how-to-go-from-financialized-neoliberalism-to-a-productive-sustainable-economy.html
 
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