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Alternatives aplenty | 115 comments (115 topical, editorial, 0 hidden)
Re: The Assertion of Absurdity (none / 0)
Not without replacing it in some form. Attempting to make all financing decisions to be made throughout a modern monetary production economy at the level of national fiscal policy quickly runs into information overload.

We need a banking system so that the fiscal authority can concentrate their attention on those tasks that a banking system cannot or should not be doing.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Thu Nov 3rd, 2011 at 02:52:52 PM EST
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Alternatives aplenty | 115 comments (115 topical, 0 editorial, 0 hidden)
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