PinnedImplementing Democratic Money without LoansDemocratic Money is an old idea suggested by Keynes, Marx, and modern monetary theorists (MMT), among many others. The idea is to give…Nov 24, 20241Nov 24, 20241
PinnedThe Reserve Bank and Governments Can Stop Inflation, have Full Employment and Increase Community…The Reserve Bank complains that it can only control inflation by changing interest rates. They are wrong. They can control inflation byDec 3, 2024Dec 3, 2024
PinnedHow to Stop InflationInflation is likely to occur when more money is available than goods and services to buy. This is not the only reason, as money is held in…Nov 2, 2024Nov 2, 2024
PinnedHidden Fees on Bank LoansAustralian media has been filled with stories about bank hidden fees on debit cards. However, a bigger one is hidden fees on loan accounts…Oct 16, 2024Oct 16, 2024
PinnedCommunity Capital and Social EvolutionSocial learning is to ideas what natural selection is to genes. Both are ways of picking out good solutions from a sea of variety. Mark…Apr 17, 2022Apr 17, 2022
Freddy’s Fly CafeFreddy the Frog lived near a lovely pond with flies, fish, lizards, newts, and tortoises. He wanted to open a new fly cafe for his frog…14h ago14h ago
The Tale of Mr Banks the Ice-Cream ManThis is Mr. Banks, and he sells ice cream to children in his village.19h ago19h ago
Making Money without DebtDebt is a dumb way to distribute new money. It is hard to think of a worse way to do it. Money is a measure of value and a store of value…2d ago2d ago
Banks Charge Interest TwiceBanks charge interest on loans, which is justified. If someone else uses a lender’s money, they should pay interest. However, banks charge…Mar 29Mar 29