We Hold These Truths – The Hope of Monetary Reform
March 28th, 2009 by admin
Richard C. Cook’s book on Monetary Reform is available to buy online here. In it he proposes a comprehensive series of measures that would transform the debt-based monetary system into one based on the productive values of the physical economy.
Richard is member of the US basic income guarantee network and you can also read a recent article on “Bailout for the People” here.
On that note, look at this pie chart comparing the recent US bail out vs other big government spending, courtesy of voltagecreative.com – perhaps a basic income guarantee is affordable after all?
- 3 Comments »
- Posted in Capitalism
April 7th, 2009 at 15:16
I really don’t think this sort of monetary reform would work. In fact, from what I understand it would make good and services increasingly scarce – therefore increasing poverty.
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