Really, just not getting it

Richard Murphy says:
October 6 2017 at 1:59 pm
All money is debt

There is no other money unless you want to return to something akin to the gold standard as Positive Money do, with the consequences that followed in the20s and 30s that would surely happen again

So no way will I go there

He tells us all that QE didn’t work.

QE was what some very clever people thought up to make sure that the 20s and 30s didn’t happen again. And, look, they didn’t. Because of QE.

So he agrees with the problem but insists that the solution which works doesn’t.

2 thoughts on “Really, just not getting it”

  1. So he admits that gold coins are not debt. Silver ones? Copper ones? Equity shares? Cigarettes in Weimar Germany or UK gaols?

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