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

[Michel Bauwens]

I have created an entry on chartalism,

but it would be nice to have one specifically on MMT as well,

Michel

On Thu, Sep 22, 2011 at 2:01 AM, <ideasinc at ee.net> wrote:

> Robert,
>
> what you are describing as chartalism is more correctly a description of
> the MMT discourse, of which I am an advocate. Chartalism more accurately
> refers to the origin of currency as a "chartal" or token of value. The MMT
> is not just another discourse regarding economics. It integrates
> macro-economics, monetary issues, and functional fiscal policies.
> Functional fiscal polices include setting full employment as a functional
> goal, rather than a political slogan to be abandoned after the count. MMT
> advocates are sometimes described as chartalists, due to recognizing
> currency as tokens of value.
>
> Tadit
>
>
>
>
> On Wed, 21 Sep 2011 09:20:52 -0400, robert searle <dharao4 at yahoo.co.uk>
> wrote:
>
> > 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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