…and forgive them their debts by Michael Hudson • August 13, 2018 I’m very excited to announce that my new book, …and forgive them their debts: Lending, Foreclosure and Redemption — From Bronze Age Finance to the Jubilee Year (ISLET-Verlag Dresden), is available now! Thank you! You can learn more about the book below. Michael Copy for book description and
Source: Real Currencies by Anthony Migchels on January 11, 2019 In an interesting development, the Yellow Vests of France are calling for a run on the Bank: January 12th, they are planning to pick up their savings. I’m reposting this 2012 article, because it seems relevant, Henry also posted at his site, and as a bonus, here’s a long chat
The rural city of Elorza, in the southwestern state of Apure, is known as the “capital of Venezuelan folklore” and on Monday, it inaugurated its yearly festivities for the patron Saint Joseph with a fresh new currency. Locals and out-of-towners will be permitted to use the city’s namesake currency, “the elorza,” to buy…
Imagine a planet with intelligent beings who use platinum coins for money and have platinum storage facilities where platinum is kept in vaults and where receipts for the stored platinum (ownership of the platinum) can be transferred from one intelligent being to another as a means of payment. That planet has a commodity money system.
Dick Eastman is our guest 11/26 on the Wealth Money Radio Show: “People Enslaved by the All-Borrowed Money Supply: Comparing Two Populist Solutions” (new money can be introduced debt-free: as state spending on infrastructure, e.g. paid by the treasury to winning contractors who bid to build roads and bridges; and/or as a national dividend deposited monthly or quarterly into citizen accounts as a basic commercial utility and purchasing power stimulus).
Jews have bought religious leaders and Bible interpreters, and with big money have created this monstrous blasphemy and anti-Christ Christian Right – and as they have done this, the Jews have redefined themselves as no longer white, and have sent their propagandists around the world to convince everyone that the white race, the Christian religion, and Islam are the great evils in the world, when this is not true.
Solving the Problem of Land Rent and Land Speculation – Rent-Seekers Stealing Citizens’ Surpluses – Financiers as Economic Rentiers – Solution: A Regular Legal Tender Dividend to Each Household and an Excess Wealth Tax – Distributing Strong Demand Throughout the Country – Populist National Money System – Your Personal “New Money Fountain”
Henry George and Populist Reform of the American Economy Dick Eastman July 25, 2015 I think Henry George‘s analysis of land rent and land speculation exposes a big problem for citizens concerned with the general good of a country. Rent is a surplus stealer. As you know, the monetary system and lending system are also big problems for nations seeking