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Uploaded by on Oct 25, 2009

I have been challenged by a fellow Youtuber to explain clearly and concisely how the monetary reforms that we advocate at EconomicStability.org would work:

"The test of your new system is that it can be clearly explained to the YouTube world."

That's a tall order. John Kenneth Galbraith called "The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it."

I find the subject daunting enough by itself, and then add obfuscations of the "experts." In this little video, I don't guarantee I can explain the reforms "clearly to the Youtube world."

But if you want specifics about exactly how the reforms would work, then this is a homework assignment.

The American Monetary Act:

http://www.monetary.org/amacolorpamphlet.pdf

a draft of legislation that Kucinich will base his bill on.

Also, this from British monetary reformer James Robertson and the New Economics Foundation:

www.neweconomics.org/gen/uploads/CreatingNewMoney.pdf

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  • other than comments, i can' get hold of you.

    tmm almost never reponses - even with a short comment. if you look at his dicussions - it always with the same people.

    i do not trink this is helpful.

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