Re: Debtor Nation, another view

Some posting going on here! Some good; some bad. One of the problems
both of you are having is the use of the term "money". If you were to
both use the term "currency" or "credit" in place of the confusing term
"money", I think you would find you both agree. If you mean credit say
credit. If you mean currency say currency. If you mean both...if you
mean currency and credit... then ...I don't know what to do :) I give
up.

.

Relevant Pages

  • Re: TURMEL: Ben Franklin, Prof. Flaherty, on Death gamble
    ... several current Money Reform ... No duty is more imperative on the Government than the duty it owes the ... will be protected from a vicious currency, ... and credit through the operation of a national banking system. ...
    (sci.econ)
  • Re: "Oh, this old world keeps spinning round, its a wonder tall trees aint laying down....there come
    ... definition of what the currency is, and I hear even the U.C.C. ... prohibits the loan of credit. ... To these individuals it isn't a loan but a blank check. ... Paper money is worth what you can ...
    (alt.gathering.rainbow)
  • Re: Monetary Accomodation...Well Put
    ... the author might address currency. ... the author might address credit. ... He would discuss things like banks, loans, interest rates, ... money can be defined as whatever is widely accepted ...
    (sci.econ)
  • Re: How Much Money to service New Wealth?
    ... Assuming a current GDP of $1000 billion, an inflation rate ... You mean Government can make available money either by credit or by ... creating currency to service additional goods and services. ...
    (sci.econ)
  • Re: interest v. "usury"
    ... >>with rent paid to the use of fiat money. ... Time preference is apparently a hoax created to legitimize rent paid ... I'll take an infinite amount of credit at no interest, ... is part of the cost of this service. ...
    (sci.econ)