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These are the most recent diaries filed under this tag:
The last few weeks have seen at least two posts calling attention to the potential use of the platinum coin in America's political economy. The first to appear was Rob Urie's piece in Counterpunch ...
by Letsgetitdone
Comment Count 19 comments on Fri Feb 13, 2015 at 10:17 AM PST with 12 Recommends
It's time to print the trillion-dollar coin. Get it printed, show it off to the Republicans, and take the wind out of their sails. However, in the spirit of bipartisanship, I will offer ONE kindly ...
by geebeebee
Comment Count 6 comments on Mon Oct 07, 2013 at 07:05 AM PDT with 6 Recommends
Deficit spending by the government is merely the counterpart of private sector saving. What government deficit spending does is to permit the private sector to achieve its level of desired saving. ...
by Letsgetitdone
Comment Count 18 comments on Tue Apr 16, 2013 at 11:19 AM PDT with 11 Recommends
Dear Mr. President, Over the past 3 years you’ve returned again and again to the idea that Social Security has a long-term solvency problem, and therefore needs “reform,” even though, as of ...
by Letsgetitdone
Comment Count 35 comments on Fri Mar 29, 2013 at 08:09 AM PDT with 14 Recommends
The Sector Financial Balances Model: Domestic Private Balance + Domestic Government Balance + Foreign Balance = 0 is an accounting identity that provides a focus for macroeconomic analysis, ...
by Letsgetitdone
Comment Count 8 comments on Tue Mar 26, 2013 at 09:52 PM PDT with 10 Recommends
The popular narrative in Washington, DC these days among the MSM pundits is that the Congress is “dysfunctional” in the sense that it is very difficult for it to pass a budget and rise above ...
by Letsgetitdone
Comment Count 4 comments on Tue Mar 12, 2013 at 06:30 AM PDT with 6 Recommends
Jack Foster proposed a framing document for High Value Platinum Coin Seigniorage, in a recent comment he made on one of my posts. In response, I posted a six-part blog series to accommodate readers ...
by Letsgetitdone
Comment Count 1 comments on Tue Feb 05, 2013 at 08:36 AM PST with 4 Recommends
This series provides a framing document for Platinum Coin Seigniorage (PCS). In the five previous parts of the series, I pointed out that there are three classes of opponents of High Value Platinum ...
by Letsgetitdone
Comment Count 12 comments on Mon Feb 04, 2013 at 01:00 PM PST with 8 Recommends
This series provides a framing document for Platinum Coin Seigniorage (PCS). In the four previous parts of the series, I pointed out that there are three classes of opponents of High Value ...
by Letsgetitdone
Comment Count 26 comments on Sun Feb 03, 2013 at 05:00 PM PST with 11 Recommends
This series provides a framing document for Platinum Coin Seigniorage (PCS). In the three previous parts of the series, I pointed out that there are three classes of opponents of High Value ...
by Letsgetitdone
Comment Count 16 comments on Sun Feb 03, 2013 at 10:00 AM PST with 6 Recommends
As I pointed out in Part Two of this series, there are three classes of opponents of High Value Platinum Coin Seigniorage (HVPCS, $30 T and above). The first and largest group opposes all Platinum ...
by Letsgetitdone
Comment Count 5 comments on Sat Feb 02, 2013 at 11:03 AM PST with 13 Recommends
There are three classes of opponents of High Value Platinum Coin Seigniorage (HVPCS, $30 T and above). The first and largest group opposes all PCS of whatever type. The second, opposes HVPCS, but ...
by Letsgetitdone
Comment Count 7 comments on Fri Feb 01, 2013 at 04:27 PM PST with 12 Recommends
How many times have you heard that the Government can only spend money after it raises revenue by either taxing or borrowing? Nearly every time someone talks or writes about the US's public deficit/
by Letsgetitdone
Comment Count 9 comments on Fri Feb 01, 2013 at 06:30 AM PST with 9 Recommends
The issue of whether the Fed can really refuse to accept and credit a deposit of a platinum coin with its face value, is being raised frequently on blog posts about Platinum Coin Seigniorage (PCS) ...
by Letsgetitdone
Comment Count 12 comments on Sun Jan 27, 2013 at 09:00 AM PST with 12 Recommends
As part of a wonderful discussion thread on the legal basis for using Platinum Coin Seigniorage (PCS), following a post by beowulf (Carlos Mucha), the first to propose the Trillion Dollar Coin (TDC).
by Letsgetitdone
Comment Count 19 comments on Sat Jan 26, 2013 at 06:31 AM PST with 6 Recommends
A wonderful discussion thread has been going on at Monetary Realism (MR) after a very good new post by beowulf (Carlos Mucha), who first brought forward the proposal for the Executive Branch to use ...
by Letsgetitdone
Comment Count 27 comments on Fri Jan 25, 2013 at 11:51 AM PST with 9 Recommends
Cross posted at Voices on the Square and the Stars Hollow Gazette There seems to be a lot of celebrating without actually understanding much of what has happened as of late. One reason is that it ...
by priceman
Comment Count 146 comments on Wed Jan 23, 2013 at 02:27 PM PST with 53 Recommends
Some have responded to the recent boomlet for using Platinum Coin Seigniorage (PCS) as a solution to the debt ceiling problem, by reacting to the ridicule visited upon PCS advocates by know-nothings ...
by Letsgetitdone
Comment Count 46 comments on Mon Jan 21, 2013 at 05:10 PM PST with 15 Recommends
Our Congresspeople, corporate CEOs, tea partiers, most economists, Pete Peterson's minions, and even our President, tell us that we're running out of money; and that we can't keep running huge ...
by Letsgetitdone
Comment Count 16 comments on Fri Jan 18, 2013 at 06:30 AM PST with 16 Recommends
Cross posted at Voices on the Square and the Stars Hollow Gazette That’s ...
by priceman
Comment Count 220 comments on Wed Jan 16, 2013 at 08:20 AM PST with 39 Recommends