Additions to Bibliography September 2024

  Additions to the main Bibliography Monetary Theory and Reform A. Proposed Legislations and Organizational Endorsements Carmack, Patrick S.J., J.D. 1996. “Monetary Reform Act“. The Money Masters. B. Academic Studies on Sovereign Monetary Theory and Reform Bang-Andersen, Jens & Lars Risbjerg & Morten Spange. 2014. “Money, Credit and Banking“. Monetary Review, 3: 65-81. Bichler, Shimshon … Continue reading “Additions to Bibliography September 2024”

Take Action for Monetary Justice

. Sign AFJM’s Letter to the Federal Reserve!  Urgent and fundamental problems require urgent and fundamental solutions. When those in charge are incapable or unwilling to make fundamental changes, then We, the People, must take charge! The Alliance For Just Money exclaims “Mayday! Mayday! Mayday!” a distress call for our destructive money system, which is structurally incapable … Continue reading “Take Action for Monetary Justice”

The Next Financial Crisis is around the Corner?

  Introduction We know that the current monetary system is crisis-prone. We know that during the last big crisis in 2008 we skirted a total freeze-up and a possible break-down of the international banking system. We know that Wall Street was bailed-out and Main Street left to fend for itself. We know the system received … Continue reading “The Next Financial Crisis is around the Corner?”

John Titus is not up to Snuff? Or the Need for Epistemic Maturation

  For several reasons I feel compelled to write this blog about some of the output of video-blogger John Titus. Titus is a prolific vlogger usually commenting on all kinds of shenanigans in the financial world. In 2012 he produced the feature-length documentary Bailout after which he became a regular commentator. He has been interviewed … Continue reading “John Titus is not up to Snuff? Or the Need for Epistemic Maturation”

Monetary Reform: Simple Spiel

  What monetary reform is all about is to promote a bill that has already been drafted in various formulations here in the USA. One in the 1930s and one in 2012. And it concerns a radical change in the current monetary system. In western countries, the proportion of bank money is about 93-97%. If … Continue reading “Monetary Reform: Simple Spiel”

Launch Announcement of Democratizar el Dinero

  The Alliance For Just Money is excited to have stepped into the publishing business by releasing a Spanish anthology of a dozen translations of high quality articles on the latest findings in monetary theory and on ongoing improved reasons for real monetary reform. The title is Democratizar el Dinero. Una introducción a la Reforma … Continue reading “Launch Announcement of Democratizar el Dinero”

Triple-column Comparison

Triple-column Comparison between Modern Monetary Theory (MMT), the Actual Monetary System, and Sovereign Monetary Reform (SMR)   A while ago I found a very useful double-column comparison of the concept of the monetary system in Modern Monetary Theory (MMT) and how the monetary system actually functions. The figure is titled: “Overview of MMT Flaws Relative … Continue reading “Triple-column Comparison”

Educational and Promotional Videos

  VIDEOS ON MONETARY THEORY AND REFORM   A. TOP 12 Videos B. Videos Produced in the Monetary Reform Movement C. Other Monetary Theory and Reform Videos of Interest D. Background Videos   A. TOP 12 VIDEOS Bjerg, Ole. 2016. “Where does money come from?“ TEDxCopenhagen. 24 May 2016. Bongiovanni, Joe. 2013. “Why Monetary Reform … Continue reading “Educational and Promotional Videos”

On Money: The Libra versus Sovereignty

A US-based progressive monthly, The Nation, just published an article about the Libra by MMT enthusiast Rohan Grey, titled: “Facebook Wants Its Own Currency. That Should Scare Us All. Instead of embracing Facebook’s Libra, we should be rallying for a public option for digital currency.” This is an interesting article and deserves close scrutiny for several … Continue reading “On Money: The Libra versus Sovereignty”

Global Problems and the Culture of Capitalism

  Introduction In 2011 I took a sociology class on global social problems. Three texts were required and one of them, Global Problems and the Culture of Capitalism by Richard Robbins, stood out in several ways. The book was very rich in information with many on-the-ground narratives. It had a simple but effective overarching theory; … Continue reading “Global Problems and the Culture of Capitalism”