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, 2024Nov 24, 2024
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
Buy Money from the Government, not Rent it through the BanksExtreme wealth and extreme poverty have increased concurrently for the first time in 25 years. The wealthiest 1% of people have more than…5h ago5h ago
Have a look at the enshittification of banks who now routinely bypass the spirit of the laws…The techbros, venture capitalists, and special politicians don't have capitalised interest so they pay half the fees to banks. In fact they…1d ago1d ago
Moving from Competitive Markets to Collaborative MarketsA submission to the NEM Review — Initial ConsultationJan 13Jan 13
Community Action for Affordable HousingModern Monetary Theory points out that the money supply increases when governments permit banks to deposit money in a bank account. Banks…Jan 121Jan 121
Money Creation and Asset Markets“Permit me to issue and control the money of a nation, and I care not who makes its laws”—a quote attributed to Mayer Amschel Rothschild…Jan 8Jan 8