Posted: May 01, 2014 1:55 pm
Good stuff, although there are various ways to reform, some better than others. Given how much terrible economics is spoken around this issue, I don't have that much faith that we'll get the reforms right, if we ever get them at all.
One possibility I want to look into more is the Chicago Plan which also involves paying back large amounts of government debt in one magical wave of a wand.
In addition I am personally skeptical that much money needs to be created at all, and so it may be that all this talk of free money for the government could lead to ruining otherwise very sensible reforms.
One possibility I want to look into more is the Chicago Plan which also involves paying back large amounts of government debt in one magical wave of a wand.
In addition I am personally skeptical that much money needs to be created at all, and so it may be that all this talk of free money for the government could lead to ruining otherwise very sensible reforms.