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

[robert searle]

----- Forwarded Message -----
From: robert searle <dharao4 at yahoo.co.uk>
To: Michel Bauwens <michel at p2pfoundation.net>
Sent: Thursday, 22 September 2011, 11:11
Subject: Re: [P2P-F] Chartalism, a new P2P Entry?


Michel, and Tadit, et al,
 
You may have both noticed that MMT is featured in most of the text if I recall correctly.....There is no separate entry on MMT on Wikipedia because I did a check. It is just rolled into the Chartalism entry.
 
If Tadit has an issue on this he could go to the Wikipdia discussion section of Chartalism, and/or alternatively edit the existing page text.
 
 
RS.

From: Michel Bauwens <michel at p2pfoundation.net>
To: P2P Foundation mailing list <p2p-foundation at lists.ourproject.org>
Cc: robert searle <dharao4 at yahoo.co.uk>
Sent: Wednesday, 21 September 2011, 21:25
Subject: Re: [P2P-F] Chartalism, a new P2P Entry?


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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