In "A Simple Solution to the Banking Crisis That No Country Will Implement" (Patreon link; Substack link—both open access), I argued that The Fed could end the current crisis simply by buying all outstanding Treasury Bonds at face value.
Only you could write this Steve and this ‘little’ summary is truly significant. You have presented a crystal clear proposal with technical credibility worth serious thought from the ‘geniuses’ who pass for leaders.
The theme of ‘fiction is deeper again as you know, and your description enables a clear line of sight to the idea that the money economy is merely a human artefact that facilitates human progress, or not. We are entering a new ‘great transformation’ and Polanyi I think would applaud you for the insight you are offering the mainstream.
Only you could write this Steve and this ‘little’ summary is truly significant. You have presented a crystal clear proposal with technical credibility worth serious thought from the ‘geniuses’ who pass for leaders.
The theme of ‘fiction is deeper again as you know, and your description enables a clear line of sight to the idea that the money economy is merely a human artefact that facilitates human progress, or not. We are entering a new ‘great transformation’ and Polanyi I think would applaud you for the insight you are offering the mainstream.
https://www.linkedin.com/posts/alexander-leipold-350784167_prohibition-bankingcrisis-fiatmoney-activity-7044196827515998208-43Vg?utm_source=share&utm_medium=member_android