Tuesday, February 12, 2013

MMT thought

Electronic copy available at: http://ssrn.com/abstract=1905625

Understanding The Modern Monetary System
Cullen O. Roche
August 5, 2011

 "The government is an entity created by the people and for the people. It exists to further the prosperity of the private sector - NOT to benefit at its expense. If this entity is allowed to exist for its own benefit or becomes corrupted by a concentration of power or abuse of its currency issuing powers it will become susceptible to dissolution via the populace's rejection of that government."

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