These "problems" are manufactured by dys-information, not by actual economic literacy. Each one of the arguments are simple politicized extortions based upon a framing by dis-information. It is severely offensive to even be airing this sort nonsense, particularly in a context which is supposed to interested in open source solutions. These statements are deeply erroneous and political. Being mainstream has nothing at all to do with serving the interests of the public, given the corporate occupation of academia to the point of defining what has been crowded out what was much more of an open discourse. What you are suggesting is that the notion of being mainstream, somehow provides a measure of credibility, when actually it does not. It is a downstream effect of what passes as "mainstream" be a closed discourse by the proprietary interests of free speech for corporate interests and exclusion or manipulation in service to the same. This is how an open discourse is corrupted by lies under the pretense of being open, ie no fact checking is required and the elevation of ignorance is allowed. Inflation terrorism, is an associated strategy of the current deficit terrorism. It serves to preserve the same edifice of the neo-classical, economic ideology. By counterpoint Quantitative Easing is deemed to be effective and non-inflationary, though its effect has been to accelerate wealth extraction. So we are supposed to surrender, to the banking cartel and its willing "cranks" for hire, that act in a strategy of divide and conquer. The message is clear: accept your chattel status or the masters of the matrix won't like it. These are non issues, except for those who are comfortable with the crumbs that trickle down. Corporate criminality has a much, much greater "inflationary effect," but that has the full approval of those who it serves. This much like a stern lecture or a show of supposed force to intimidate the fearfully ignorant. Go back to sleep, and the chains will make you safe from uncertainty. Or worse yet the delusions associated either with free market non-solutions, "Democracy" in service to corporate imperialism, and the illegality of opposition to the law, order, and security of slavery. If this political attack is listed alongside MMT, it will be a clear and direct discrediting of any pretense of an open discourse by the P2P. On Fri, 30 Sep 2011 06:36:38 -0400, robert searle <[email protected]> wrote:

The following could be listed in connection with MMT. 1. Mainstream economists would regard the idea that new non-repayable money could be created by governments (ie MMT)thereby replacing tax would be seen as being "too inflationary." 2. The concept from the US point of view that goverments should create their own money sans taxation (except for controlling inflationary pressures where, and when necessary) would be seen as giving elected representatives "too much power!" 3. The most obvious obstacle to MMT is ofcourse the Global Bond Market which would resist any attempt to reduce, or irradicate its power.