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View Diary: Of Blazing Saddles and platinum coins: Why minting a $1 trillion one is neither smart nor necessary (216 comments)

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  •  PS, if people realized that ALL money is pulled (1+ / 0-)
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    dorkenergy

    out of thin air, then MAYBE they would stop confusing tokens for the REAL economy, which is what most progressives say they support.

    But it does NOT help that most progressives then turn around and jump on the band wagon of keeping the fact that ALL money is created out of thin air a secret.

    It's very frustrating, cuz we rob ourselves of the very BEST argument for concentrating on the real economy.  

    Rather than tokens -- which are produced at will -- out of thin air.

    Including private bank credit tokens.

    But....  only the coin is "gimmicky" ?????

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