[P2P-F] Chartalism, a new P2P Entry?

Wed Sep 21 15:20:52 CEST 2011

Michel, et al,

           I have done a check on the p2pfoundation site, and it appears that Chartalism is not present yet it is an important form of monetary reform. It is often known nowadays as Mondern Monetary Theory, or MMT. There has been some data on it already on the discussion group, but the wikipedia entry could in full, or in part go on the p2pfoundation site if desired....

http://en.wikipedia.org/wiki/Chartalism

Essentially, it believes that governments should create "enough" new non-repayable money to fund social, economic, and political concerns. Taxation is seen as a means of reducing inflation as opposed to raising revenues in the conventional manner. 

R.S.
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