Aldous Huxley, The Dictatorship of The Future Alberto Veronese 2012-02-21 | Aldous Huxley, social critic and author of 'Brave New World', talks to Aldous Wallace about threats to freedom in the United States, overpopulation, bureaucracy, propaganda, drugs, advertising, and television (5/18/58) Transcript: (Harry Ransom Center, the University of Texas at Austin) Aldous Huxley -- [...] the dictatorship of the future, I think will be very unlike the dictatorships which we've been familiar with in the immediate past. I mean, take another book prophesying the future, which was a very remarkable book, George Orwell's "1984." Well, this book was written at the height of the Stalinist regime, and just after the Hitler regime, and there he foresaw a dictatorship using entirely the methods of terror, the methods of physical violence. Now, I think what is going to happen in the future is that dictators will find, as the old saying goes, that you can do everything with bayonets except sit on them! But, if you want to preserve your power indefinitely, you have to get the consent of the ruled, and this they will do partly by drugs as I foresaw in "Brave New World," partly by these new techniques of propaganda. They will do it by bypassing the sort of rational side of man and appealing to his subconscious and his deeper emotions, and his physiology even, and so, making him actually love his slavery. I mean, I think, this is the danger that actually people may be, in some ways, happy under the new regime, but that they will be happy in situations where they oughtn't to be happy. Aldous Wallace -- Well, let me ask you this. You're talking about a world that could take place within the confines of a totalitarian state. Let's become more immediate, more urgent about it. We believe, anyway, that we live in democracy here in the United States. Do you believe that this Brave New World that you talk about, er...could, let's say in the next quarter century, the next century, could come here to our shores? Aldous Huxley -- I think it could. I mean, er...that's why I feel it so extremely important here and now, to start thinking about these problems. Not to let ourselves be taken by surprise by the...the new advances in technology. I mean the...for example, in the regard to the use of the...of the drugs. We know, there is enough evidence now for us to be able, on the basis of this evidence and using certain amount of creative imagination, to foresee the kind of uses which could be made by people of bad will with these things and to attempt to forestall this, and in the same way, I think with these other methods of propaganda we can foresee and we can do a good deal to forestall. I mean, after all, the price of freedom is eternal vigilance. Thanks for YouTube Sharing: user/YouIntelligence Uploaded on Nov 6, 2011 Google The Web: Brave New World Aldous Huxley Harry Ransom Center
Money, Silly Talks ... Alberto Veronese 2018-11-29 | it is necessary to have a clear understanding how money is created (and how it is managed by its “authority”) if one does not want to find himself in a “problem entanglement” in which “equal” things are perceived and compared as different with each other, whereby in reality they are the same.once one clearly recognizes the difference between real productive capital (non-financial assets) and money (nominal assets, IOU, f.g. a bond or a share of stock) it is only a small step to a clearer understanding of real world economic imperatives.the world’s poorest countries are at times required by the agencies of the G8 (The IMF, World Bank, European Central Bank, European Commission...) to cut public spending and privatise health-care and other services to secure debt relief.if the country being considered for debt relief does not stay 'on track', cancellation is delayed or withheld.... ... ...See also...“The String Theory of Money”, Feb 27, 2016youtube.com/watch?v=YlvX0kjDB2M“Money: The Missing Z-axis”, Feb 28, 2016youtube.com/watch?v=I3UiRzumOLE“The String Theory of Money”, Feb 13, 2016Tales of Money, by Alberto Veronesefistfullfeed.wordpress.com/2016/02/13/the-string-theory-of-money
“Growth and Inequality: Policy Issues” Alberto Veronese 2018-11-02 | “Few know that the International Monetary Fund (IMF) Research Division has been fighting for years against the IMF Board because, according to its scientific research, the austerity programs imposed by the IMF have negative effects on the distribution of income.”12th of December 2018 4:00 p.m. University of Fribourg, Faculty of Economics and Social Sciences, Boulevard de Pérolles 90, Fribourg.Lecture theatre A140 “Growth and Inequality: Policy Issues”Public conference by Dr. Jonathan David Ostry, Deputy Director, Research Department, International Monetary FundJonathan David OstryInternational Monetary Fund, Research Departmentimf.org/external/np/cv/AuthorCV.aspx?AuthID=147University of Fribourghttps://www.unifr.ch/home/en.htmlProf. Dr. Sergio Rossi, Ph.D.https://www3.unifr.ch/mapom/en/chair/team/prof.html
Stephanie Kelton: U.S. Treasury Securities = U.S. National Debt Alberto Veronese 2018-10-26 | Stephanie Kelton at the Stony Brook University, 2018,Stony Brook University/“But How Will We Pay for It... an Important Debate is Getting Lost in the Fog“A presidential lecture prersented at The State University of New York at Stony Book where Stephanie Kelton is a professor of public policy and economics. Oct. 15, 2018https://www.stonybrook.eduyoutube.com/watch?v=WS9nP-BKa3MCutting-Edge Economist Stephanie Kelton Delivers Presidential Lecture, October 22, 2018 (5 min read)https://news.stonybrook.edu/university/cutting-edge-economist-stephanie-kelton-delivers-presidential-lecture/?spotlight=hero... ... ...‘The Federal Government Does Not Need Revenue, David McCann, Nov 2, 2018, cfo.comhttp://ww2.cfo.com/the-economy/2018/11/the-federal-government-does-not-need-revenueSearch The WebMMT, Modern Moetary Theory
Revolution or Acquiescence in Tyranny... Alberto Veronese 2018-10-24 | excerpts from/The Wild Bunch (1969), by Sam Peckinpahimdb.com/title/tt0065214Duck, You Sucker (1971)“Giù la testa” (original title), by Sergio Leoneimdb.com/title/tt0067140... .. ...“The Supplemental Poverty Measure: 2017”Sep 12, 2018, Report n. p60-265, by Liana Foxcensus.gov/content/census/en/library/publications/2018/demo/p60-265.html“Health Insurance Coverage in the United States: 2017”Sep 12, 2018, Report n. p60-264, by Edward R. Berchick, Emily Hood, Jessica C. Barnettcensus.gov/content/census/en/library/publications/2018/demo/p60-264.html“The Science of Inequality”, Oct 16, 2018scientificamerican.com/report/the-science-of-inequality1
DEFICITS... let’s Crucify Mankind Upon a Cross of Gold Alberto Veronese 2018-10-23 | The private sector has a desire for financial assets. If it is not supplied with, it will try to save in order to acquire them. But saving, as Keynes explained, cuts demand and raises unemployment. A Government absolutely has to supply the private sector with base money and government debt that the private sector wants, and government does that by running deficits.related...“We Need a Bigger Deficit"by William Vickrey, Working Paper No. 2, Jan 2000http://www.cfeps.org/pubs/wp-pdf/WP2-Vickery.pdf“Why so-called deficits are economic necessities”, Oct 22, 2018Lars P. Syll, PhD in economic history, PhD in economics in 1997.larspsyll.wordpress.com/2018/10/22/why-so-called%E2%80%8B-deficits%E2%80%8B-are-economic-necessitiesWilliam Spencer Vickrey (21 June 1914 – 11 October 1996)“The ‘deficit’ is not an economic sin but an economic necessity. […]”“You shall not crucify mankind upon a cross of gold.”William Jennings Bryan (March 19, 1860 – July 26, 1925)
Spiegel Online, Italys Frantic Budget Drama Alberto Veronese 2018-10-20 | [away from national parliaments to conclaves of finance ministers and commission officials]Debt Conflict/“European Commission Threatens to Reject Draft Italian Budget”Spiegel Online, by Markus Becker, October 17, 2018http://www.spiegel.de/international/germany/european-commission-to-reject-italy-draft-budget-a-1233781.htmlLet’s move beyond this rhetorical question... “How Will We Pay For It?” It is time to change our way of thinking about the National Debt...“How We Think About the Deficit Is Mostly Wrong”The New YorkTimes, Oct. 5, 2017, by Stephanie Keltonnytimes.com/2017/10/05/opinion/deficit-tax-cuts-trump.html“Stephanie Kelton”youtube.com/watch?v=WS9nP-BKa3M“The Role of National Parliaments in the EU after Lisbon: Potentialities and Challenges - European Parliament” — “Citizens' Rights and Constitutional Affairs”, March 2017,http://www.europarl.europa.eu/RegData/etudes/STUD/2017/583126/IPOL_STU(2017)583126_EN.pdf“Eurozone, The Ridiculous Path”October 16, 2018 by Bill Mitchellhttp://bilbo.economicoutlook.net/blog/?p=40553
Well Mr. Robinson, with no People Around, There’s no Use for Money Alberto Veronese 2018-10-18 | Drawing by Aleardo SchüpbachStrange enough how hard we try to adapt nature tu us, but even stranger is how strongly we struggle to adapt ourselves to circumstances we keep creating.
National Balance Sheet - it is Pure Hysteria Alberto Veronese 2018-10-16 | Extrapolated from,Last week IMF release called – “Fiscal Monitor, October 2018”imf.org/~/media/Files/Publications/fiscal-monitor/2018/October/pdf/fm1802.ashx?la=en“IMF continues to tread the ridiculous path”, Octn16, 2018by Bill Mitchellhttp://bilbo.economicoutlook.net/blog/?p=40553
Death or Debt? Alberto Veronese 2018-10-15 | “After 2 years of cancer treatment in the US, 42% of patients have depleted their entire life's assets.”amjmed.com/article/S0002-9343(18)30509-6/abstractPublished online: May 10, 2018© 2018 Elsevier Inc. All rights reserved.amjmed.com/article/S0002-9343(18)30509-6/fulltext#/article/S0002-9343(18)30509-6/fulltext
What You “Are” Can Be Somewhat Confusing Alberto Veronese 2018-10-14 | Debunking the failed paradigm of traditional economics.Nick Hanauer’s rousing speech on the lies on which neoliberalism is built.Bonne lecture!“Homo Economicus’ Must Die” by Nick Hanauer, October 1, 2018.democracyjournal.org/arguments/homo-economicus-must-die...when prosperity itself is understood - not as money but as solutions to human problems - every economic act is an explicitly moral choice.... ... ...Poem published in the poetry book “Short Poems for a Temporary Society”, and made into a Cin(E). Original title, VITAM EXHALARE (Et Inde Exhalat Vita).Also published on,youtube.com/watch?v=zDqx0blxUDg and available on,http://www.veronese.ch/books/thanks
The Open Road of Freedom Alberto Veronese 2018-10-14 | A short excerpt from“Johnny Come Lately” (1943), William K. Howard (director), John Van Druten (screenplay), Louis Bromfield (novel) James Cagney, Tom Richards, Grace George, Vinnie McLeod, Marjorie Main (stars)“Johnny Come Lately” certainly deserves to be better known than it is... youtube.com/watch?v=eQFl4ynM7MQ
It is Safe to just Be (Caitlin Johnstone) Alberto Veronese 2018-10-12 | Oct 11, 3018, by Caitlin Johnstone“On Biology, Brains, And Human Suffering”caitlinjohnstone.com/2018/10/11/on-biology-brains-and-human-suffering
Ann Pettifor: on “OTHER PEOPLE’S MONEY” Alberto Veronese 2018-10-10 | Although I am held in check for quite some time now by a cancer that wants by force to grow and live inside my body, I’m back again with this other video... enjoy:PEF Council member Ann Pettifor explains how all governments finance their spending(and its not from taxation).Key Economic Facts:- Governments Finance Themselves.Ann Pettifor – On Theresa May, Danny DeVito and “OTHER PEOPLE’S MONEY”, October 8th, 2018progressiveeconomyforum.com/2018/10/08/the-borrowing-bogey-and-mrs-mays-deceptions/#comment-134... ... ...Watch also,“After the War, Clement Richard Attlee”youtube.com/watch?v=X3EMjoRPh1UClement Attlee, Prime Minister of the United Kingdom, “The National Insurance Act 1946 (c 67)”.From “The Spartacus Educational website”, founder and managing director John Simkin.spartacus-educational.com/Linsurance1946.htm(1) Labour Party Manifesto (1945)What will the Labour Party do? First, the whole of the national resources, in land, material and labour must be fully employed. Secondly, a high and constant purchasing power can be maintained through good wages, social services and insurance, and taxation which bears less heavily on the lower-income groups.(2) Winston Churchill, election broadcast (1945)I must tell you that a socialist policy is abhorrent to British ideas on freedom. There is to be one State, to which all are to be obedient in every act of their lives. This State, once in power, will prescribe for everyone: where they are to work, what they are to work at, where they may go and what they may say, what views they are to hold, where their wives are to queue up for the State ration, and what education their children are to receive. A socialist state could not afford to suffer opposition - no socialist system can be established without a political police. They (the Labour government) would have to fall back on some form of Gestapo.(3) Clement Attlee, As It Happened (1954)It was clear that there could be no return to past conditions. The old pattern was worn out and it was for us to weave the new. We had not been elected to try to patch up an old system but to make something new. Our policy was not a reformed capitalism but progress towards a democratic socialism... . ...“[...] It is the differences in cultures and economic structures that preclude genuine reform. And so it will always be”.“German citizens firmly against any (even weak) federal reforms to the EMU”, by Bill Mitchell, October 10, 2018.http://bilbo.economicoutlook.net/blog/?p=40506... . ...WHO are the men and women who require us to be long-time servants of “their” money interests.... and get away with blatant lies?NEVER give up “your” discernment to just become servants of “their” money!BE AWARE of the IMPLICATIONS of what you're observing
MMT Goes NYTimes Alberto Veronese 2018-10-10 | Modern Monetary Theory"Perhaps no one is more skilled in the dark art of deficit deception than Representative Paul Ryan."OP-ED CONTRIBUTOR“How We Think About the Deficit Is Mostly Wrong”By Stephanie Kelton, October 5, 2017nytimes.com/2017/10/05/opinion/deficit-tax-cuts-trump.html
The Natural Number For Money Is Zero Alberto Veronese 2017-09-22 | Because of health issues I must take a leave from here and I don't know if I'll be able to come back... Thank you very much for keeping reading/viewing, sharing/commenting, and for any 'tax credits' via donations.On this Channel "Not Gold But Money", which I initiated early in 2012, you'll discover - something that may completely change how you see society today — and it is thanks to the amazing work of a few human beings whom you might never come across otherwise in your day to day life; enjoy their insight and learn from their reflections.In addition to the proposed list of vlogs below, you'll find, on this YouTube Channel, 620 more broadcasts — it can't be too unreasonable to expect our politicians who are casting votes on Federal Budget issues on behalf of us (or the news media that informs us about the efforts of our elected policymakers) to comprehend the national accounting practice.For a comprehensive Index of my multimedia posts, browse my weblog fistfullfeed.wordpress.com — Thoughts and Questions on How Money Influences Our Lives and Vice Versa. Well, once again I thank each one of you for your regard, Alberto Veronese..."The String Theory of Money""Money: The Missing Z-axis""Money Is Not an Act of Saving""Father Gold, Mother Money""Money, One of the 'Dynamic Forces' that Act in Economy""Money Makes You Fly""When Man Accepts What He Has Been Told is Money…""How Much Money Is Out There?""No Central Bank Spends Tax Money""The Post-1971 Monetary System""Pure Barter Economies Never Existed""Taxes Do Not Pay For Anything""DNA of an Economy""The Illusion of *Gold Certificate*""Money Where Are Our Limits?""A Sovereign Government Issues Its Own Currency""To Be in Debt With Each Other, or Not To Be""Modern Money and Public Purpose""Currency Issuer vs Currency Users""Government Debt = Private Assets""Is the National Debt Really 'Debt' at All?""Money Is No Object"... ...
Monies Have Nothing To Do With Gold and Silver Alberto Veronese 2017-09-22 | Monies have nothing and never have had anything to do with gold and silver.... ...In 1848, when Switzerland was politically unified, the modern Swiss franc was issued to replace the local currencies (Federal Coinage Act of 1850).These Swiss coins I found in my wallet, are among the world’s oldest coins still valid today. To date, they have the same design...Since 2004, this existing pure nickel 20 centime coin of the years 1881–1938 has been withdrawn from circulation because machines cannot detect it. Today, the 20 centime coin is in a copper/nickel alloy. It is clear that the 'precious' nickel alloy could not has been a standard of value nor could it has been the medium of exchange.Changes in the coinage do not affect prices — the monetary unit is always distinct from the coinage...and the price of a commodity (E.g. gold and silver) fluctuates constantly in terms of that unit.We are so accustomed to paying a multitude of small purchases in coin that we have come to adopt the idea that the right to payment of a debt means the right to payment in coin or its equivalent— and further, fostered by the laws of legal tender we have been led to the notion that payment in coin means payment in a certain weight of gold.In all times, at all stages of civilization, the foundation of all societies is the "sanctity of an obligation" — the idea that to 'savages', obligation is unknown and only barter is used, is without foundation. "To free oneself of an obligation" and not "gold or silver" is the one property which all men seek, the acquisition of which is the aim and object of all commerce.There is not and there never has been, a law compelling a debtor to pay his debt in gold or silver, or in any other commodity;Tax-credit alone is money. Monies (credit and debt) have nothing and never have had anything to do with gold and silver.A "sale", is not the exchange of a commodity for some intermediate commodity called the "medium of exchange," but the exchange of a commodity for a tax credit.Switzerland is the monopoly supplier of ‘its’ currency — its "tax credit"...."What is money?" by A. Mitchell Innes.The Banking Law Journal, May 1913, pp. 377-408http://www.newmoneyhub.com/www/money/mitchell-innes/what-is-money.html..."Number one, the money is a tax credit"."Number two the currency is a public monopoly"."Warren Mosler’s talk in Chianciano", Italy, January 11, 2014http://neweconomicperspectives.org/2014/01/beyond-euro-left-crisis-alternative.html
21-24 Sep. 2017 - How Does The Federal Government Spend? Alberto Veronese 2017-09-21 | "Economics for a New Progressive Era"Kansas City, September 21–24, 2017http://www.mmtconference.orgThe Link To #MMT2017 Live-Streaming -It will go live as respective events begin...https://www.umkc.edu/ia/streaming/live-streams.cfmFull Program for #MMT2017 Conference:https://www.umkc.edu/ia/streaming/live-streams.http://www.mmtconference.org/wp-content/uploads/2017/05/MMTConfProgram-1.pdf
As the Federal Money Dries Up... Alberto Veronese 2017-09-18 | California public spending on State prisons compared with spending on higher education 1981-2011. (Per system funding as percentage of California State General Fund Budget)Incarceration v education, public spending compared..."Winners and Losers: Corrections and Higher Education in California"by Prerna Anand, September 5, 2012http://uscommonsense.org/research/winners-and-losers-corrections-and-higher-education-in-california/?cacs_redirect=True"Unfulfilled Potential"Peter Cooper, 9 September 2017http://heteconomist.com/unfulfilled-potential
Mommy, Where Do Ponies Come From? Alberto Veronese 2017-09-11 | Austerity (a political and economic term referring to policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both), based on the lie that a government faces the same financial limits as an household, is an enormous fraud.Thread on Twitter"Mommy, where do ponies come from?"Sep 9, 2017 Stephanie Keltonmobile.twitter.com/StephanieKelton/status/906614292941852672"Taxes For Revenue Are Obsolete"May 25, 2011 by Warren Moslerhttp://www.huffingtonpost.com/warren-mosler/taxes-for-revenue-are-obs_b_542134.html... ...Stephanie Kelton,Economist and a professor of Economics at the University of Missouri–Kansas CityMarshall Auerback,Market practitioner/analyst, Research Associate at the Levy InstituteUnderstand how we got here and where we might be headed... http://www.mmtconference.org"Economics for a New Progressive Era"Kansas City, September 21–24, 2017Speakers,Warren MoslerStephanie KeltonBill MitchellL. Randall WrayJames K. GalbraithJan KregelBrett ScottRobert SkidelskyZach CarterJeff SprossSearch the Web:Modern Monetary Theory
How We Got Here... Alberto Veronese 2017-09-08 | "Meet John Doe" (1941) by Frank Capra - A film about a man needing money... Gary Cooper is John DoeWritten by Robert Riskin, based on a story by Richard Connell and Robert Presnellwith Walter Brennan, Barbara Stanwyck, Edward Arnold...http://www.imdb.com/title/tt0033891...Google The WebModern Monetary Theory
Federal Spending and Taxation Explained Alberto Veronese 2017-09-05 | The US dollar is a tax credit"Federal Taxpayers Do Not Fund the Federal Government;The Federal Government Funds Federal Taxpayers"Ellis Winningham, Sept. 4th, 2017http://elliswinningham.net/index.php/2017/09/04/federal-taxpayers-not-fund-federal-government-federal-government-funds-federal-taxpayers
MMT Conference - Sept. 21-24, 2017 Alberto Veronese 2017-09-05 | I encourage you to study the extensive and growing literature on Modern Monetary Theory (MMT), which will explain how your country's currency work. It will also reveal to you what an enormous fraud austerity is, based on the lie that a government faces the same financial limits as an household.Understand how we got here and where we might be headed... http://www.mmtconference.org"Economics for a New Progressive Era"Kansas City, September 21–24, 2017Speakers,Warren MoslerStephanie KeltonBill MitchellL. Randall WrayJames K. GalbraithJan KregelBrett ScottRobert SkidelskyZach CarterJeff Spross
Europe – The Deliberate Wastage Alberto Veronese 2017-08-25 | ...young people drop out of school early, are not receiving any skills development and are unemployed.August 11, 2017, Eurostat "Young people in the EU: education and employment"http://ec.europa.eu/eurostat/web/products-eurostat-news/-/EDN-20170811-1Europe – the deliberate wastage of its youth continuesAugust 22, 2017 by Bill Mitchellhttp://bilbo.economicoutlook.net/blog/?p=36695Google The Web:Modern Money Theory
Federal Spending, Its Just Business... Alberto Veronese 2017-08-24 | No Hard Feelings,"... It’s no conspiracy. It is just business and the wealthy using their influence to make government see things their way, just like you do when you vote. Your vote is influence. The only difference here being that for business and the wealthy, their money is more influential to politicians than your vote." Ellis WinninghamIn short, we simply choose to maintain poverty"If You Can Deliberately Restrain Federal Spending, You Can Deliberately Expand It" Ellis Winningham, July 29, 2017http://elliswinningham.net/index.php/2017/07/29/can-deliberately-restrain-federal-spending-can-deliberately-expandFederal spending continues to flow into few wealthy pockets...Rich and powerful oligarchs are above the law. We all know this, but Washington D.C. refuses to do anything about.
Austerity Kills Alberto Veronese 2017-06-10 | Incompetence and arrogance make for a deadly combination; austerity kills.
Paul Lafargue, On Over-Working Laborers Alberto Veronese 2017-05-13 | The working day of three hours..."The Right To Be Lazy", 1883by Paul Lafargue (15 Jan 1842 – 25 Nov 1911)"Let us be lazy in everything, except in loving and drinking, except in being lazy."Lessing (22 Jan 1729 – 15 Feb 1781)"O Meliboee, deus nobis haec otia fecit."Virgil, Eclogue 1.6-36
Warren Moslers Book in German Alberto Veronese 2017-05-12 | Endlich kann man das ganz wichtige Buch von Warren Mosler auf Deutsch lesen...https://www.amazon.de/gp/aw/d/B071V2MGFP/ref=mp_s_a_1_2?__mk_de_DEDie Ausgaben der Bundesregierung sind auf operativer ebene keineswegs an einnahmen gebunden, das bedeutet, es gibt kein "Ausfallrisiko". Mit anderen Worten, die Bundesregierung kann in ihrer eigenen Währung immer sämtliche Zahlungen leisten, ganz gleich wie gross das Defizit ist oder wie wenige Steuern sie einnimmt.
Deutsche Bundesbank, How Money is Created Alberto Veronese 2017-05-03 | Frankfurt am Main | 25.04.2017Deutsche Bundesbank, “How Money is Created.”http://www.bundesbank.de/Redaktion/EN/Topics/2017/2017_04_25_how_money_is_created.html
Wynne Godley, Get Off the EURO Alberto Veronese 2017-04-29 | "Maastricht and All That"Wynne Godley, 8 October 1992... 1950 Schuman Declaration1952 Treaty of Paris 1958 Treaty of Rome1967 The Merger Treaty (or Brussels Treaty[1])1987 Single European Act (SEA) 1993 Maastricht Treaty1999 Amsterdam Treaty2003 Treaty of Nice2009 Treaty of Lisbon
Bundesbank: Banks Do Not Lend Out Reserves Alberto Veronese 2017-04-26 | The Bundesbank start by noting that commercial banks create most of the broad money supply via transactions with their customers. Banks lend by creating deposits and then adjust their reserve positions later."The Role of Banks, Non-banks and the central bank in the money-creation process""Die Rolle von Banken, Nichtbanken und Zentralbank im Geldschöpfungsprozess" Deutsche Bundesbank, Monthly Report April 2017 http://www.bundesbank.de/Redaktion/DE/Downloads/Veroeffentlichungen/Monatsberichtsaufsaetze/2017/2017_04_geldschoepfungsprozess.pdfhttp://www.bundesbank.de/Redaktion/DE/Themen/2017/2017_04_25_monatsbericht_geldschoepfung.html...See Also:"Bank Of England: Money is NO Object"youtube.com/watch?v=mV_ljBJU1aw..."Deutsche Bundesbank exposes the lies of mainstream monetary theory"Bill Mitchell, April 26, 2017 by bill http://bilbo.economicoutlook.net/blog/?p=35859----Das widerlegt einen weitverbreiteten Irrtum, wonach die Bank im Augenblick der Kreditvergabe nur als Intermediär auftritt, also Kredite lediglich mit Mitteln vergeben kann, die sie zuvor als Einlage von anderen Kunden erhalten hat.Ebenso sind vorhandene überschüssige Zentralbankguthaben keine notwendige Voraussetzung für die Kreditvergabe (und die Geldschöpfung) einer Bank.Geldschöpfung erfolgt zunächst unabhängig von bestehenden Zentralbank-guthaben der Banken … Geldschöpfung zeigt im Besonderen, dass die Kreditvergabe grundsätzlich ohne vorherige Zu üsse von Kundeneinlagen statt finden kann.
Herbert Marcuse [Not Advertiser-friendly] Alberto Veronese 2017-04-20 | "True freedom means freeing humanity from the hierarchical system that locks us into the daily struggle to earn a living by selling our labor." - Herbert Marcuse
F. D. Roosevelt... The Silly, Foolish Old Dollar Sign Alberto Veronese 2017-04-17 | "... Now, what I am trying to do is to eliminate the dollar sign. That is something brand new in the thoughts of practically everybody in this room, I think—get rid of the silly, foolish old dollar sign."edited excerpts from,ABC's "The Winds of War" TV Mini-Series (1983)Produced and Directed by Dan CurtisBased on Herman Wouk's War NovelEpisode Nr. 5 / "Of Love and War"Series Cast; Robert Mitchum, Ali MacGraw, Jan-Michael Vincent...Ralph Bellamy, Jeremy Kemp... http://www.imdb.com/title/tt0085112U.S. President Franklin RooseveltPress Conference, December 17, 1940http://www.presidency.ucsb.edu/ws/?pid=15913F. D. Roosevelt - Eliminating The Dollar Sign (1941)youtube.com/watch?v=1E5hYWVNPh4...Please note that obviously I do not own the copyright, nor do I have a license to distribute -- such material is used for educational purposes only; a "fare use" to provide understanding or give information for issues concerning us all.
1949 NATO – What Price Tag Do We Put On? Alberto Veronese 2017-04-16 | "The Silly Old Dollar Sign Again"Chicago Tribune March 15, 1949 http://archives.chicagotribune.com/1949/03/15/page/14/article/the-coal-miners-monopoly"Donald Trump doesn't understand the art of the NATO deal"Richard C. Longworth, Ghicago Tribune, July 22, 2016http://www.chicagotribune.com/news/opinion/commentary/ct-nato-trump-europe-russia-deal-perspec-0726-md-20160722-story.html
F. D. Roosevelt - Eliminating The Dollar Sign (1941) Alberto Veronese 2017-04-16 | U.S. President Franklin Roosevelt formalized a way to assist the allied forces in World War II without technically entering the war. FDR had promised to keep America out of the war in his 1940 presidential campaign, but believed the United States should serve as a “great arsenal of democracy.” Lend-Lease authorized the President to sell, lease, or lend military hardware to any country he designated as vital to American national security.President Roosevelt signed the Lend-Lease bill into law on 11 March 1941. In April, this policy was extended to China and in October to the Soviet Union. U.S. President Franklin RooseveltPress Conference, December 17, 1940http://www.presidency.ucsb.edu/ws/?pid=15913
Michael Hudson - Running The Government as a Business... Alberto Veronese 2017-04-08 | Trump and Trump's own son-in-law Kushner say that the government should be run like a business...Excerpts from/"Running Government Like a Business is Bad for Citizens"Michael Hudson, The Real News Network, April 7, 2017http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=18787
Bombing – Wheres The Money Coming From? Alberto Veronese 2017-04-07 | Behind the DollarsExcerpt from/“Where’s the Money Coming From?” by Stuart Chase, 1943, p. 1-3babel.hathitrust.org/cgi/pt?id=uc1.$b96341;view=1up;seq=17"Where's the money coming from? Problems of postwar finance; guide lines to America's future as reported to the Twentieth Century Fund", by Stuart Chase (1888-1985).New York, The Twentieth Century Fund, 1943babel.hathitrust.org/cgi/pt?id=uc1.$b96341... ... ..."The belief that gov't must "get it's money from somewhere" is both incorrect and politically destructive."Jeff Spross - @jeffspross"No one asks where $ will come from when military wants to drop bombs. Is anyone asking where Trump will get $ to bomb Syria? They just do it"Scott Fullwiler - @stf18"... better to admit that money is no object and get on with caring for people than to futz around debating "optimal payfors" as ppl suffer."Stephanie Kelton - @StephanieKelton"Pretending that kids must go hungry unless and until we can raise some tax is cruel and unnecessary. The left better figure this out."Stephanie Kelton - @StephanieKelton"... if we broaden the definition of national security to include health of our people, planet, etc. we can "find the money" as in wartime." Stephanie Kelton - @StephanieKelton
Bertrand Russell, The Rulers and The Ruled Alberto Veronese 2017-03-11 | "An Outline of Intellectual Rubbish" by Bertrand Russellhttp://www.personal.kent.edu/~rmuhamma/Philosophy/RBwritings/outIntellectRubbish.htm
Jack Ma: Spend the Money On Your Own People Alberto Veronese 2017-03-01 | edited excerpts"Jack Ma: America has wasted its wealth"Stéphanie Thomson, World Economic Forum, 18 January 2017weforum.org/agenda/2017/01/jack-ma-america-has-wasted-its-wealth- Jack Ma, Executive Chairman, Alibaba Group, People's Republic of China“In the past 30 years, America has had 13 wars at a cost of $14.2 trillion. That’s where the money went.” “What if they had spent part of that money on building up their infrastructure, helping white-collar and blue-collar workers? You’re supposed to spend money on your own people.”"These 3 trends will define your future, says Jack Ma"Ross Chainey, World Economic Forum, 19 January 2017weforum.org/agenda/2017/01/jack-ma-three-trends-define-future“The next 30 years are critical for the world... The most important thing is to make the technology inclusive. Next, pay attention to those people who are 30 years old, because those are the internet generation. They will change the world, they are the builders of the world... Third, let’s pay attention to the companies who have fewer than 30 employees... So, 30 years, and 30 years old, and 30 employees, that way we can make the world much better.” - Jack Ma...Please note that obviously I do not own the copyright, nor do I have a license to distribute -- such material is used for educational purposes only; a "fare use" to provide understanding or give information for issues concerning us all.
Ellis Winningham - Bits of Reality Alberto Veronese 2017-02-16 | Get The Word OutEllis Winningham - Bits of Reality, February 15, 2017www.elliswinningham.net http://elliswinningham.net/index.php/2017/02/15/bits-of-reality..."Reality Sucks" - Artwork by DAN TAGUEMoney Talks: Amazing Dollar Bill Art of Dan Taguehttp://twistedsifter.com/2011/07/money-talks-amazing-dollar-bill-art-of-dan-tague-21-pics...Google The Web:Modern Monetary Theory (MMT)
Andrea Terzi on The ECB Alberto Veronese 2017-02-16 | "Fixing The Eurozone Architecture", 2014 Andrea Terzi in conversation with Marshall Auerbackhttps://www.socialeurope.eu/2014/10/fixing-eurozone-architecture/full video at: New Economic Thinkingyoutube.com/watch?v=xWgqZ3qyjSYyoutube.com/user/INETeconomics..."Plein emploi en Europe, avec ou sans l’euro ?"Centre de recherche en économie de Grenoble (CREG)Workshop international - du 15 mai 2014 au 16 mai 2014http://creg.univ-grenoble-alpes.fr/"When Good Intentions Pave the Road to Hell: Monetization Fears and Europe’s Narrowing Options"Andrea Terzi, Working Paper No. 810 | June 2014Levy Economics Institute of Bard Collegehttp://www.levyinstitute.org/publications/when-good-intentions-pave-the-road-to-hell-monetization-fears-and-europes-narrowing-options“Is the 'Six Pack' the Knockout Punch for Europe?”Marshall Auerback, INET, New York, USAineteconomics.org
Thomas Sankara - Those Who Indebted Africa Alberto Veronese 2017-02-14 | Thomas Sankara’s Speech on Foreign DebtOrganisation of African Unity (OAU), Addis Ababa, July 1987.Three Months Later Thomas Sankara Was AssassinatedThomas Sankara21 December 1949 – 15 October 1987
Poor In The Midst of Riches Alberto Veronese 2017-02-08 | EMU - get your head out of the sandthe most insupportable kind of povertyis to be poor in the midst of richesgenus egestatis gravissimum in divitiis inopes estSeneca (ep. 74,4)..."Greece still should exit and escape the grip of the vandals"Bill Mitchell – February 8, 2017http://bilbo.economicoutlook.net/blog/?p=35320......[PDF] - On January 1, 1999, eleven nations in Europe plan to begin a process of replacing their national currencies with the Euro.....European Monetary Union - Federal Reserve Bank of Bostonbostonfed.org/-/media/Documents/neer/neer298a.pdf
Amar Reganti - Can We Afford Money ? Alberto Veronese 2017-02-01 | But Can We Afford It?Economic Priorities for the Next AdministrationThe Modern Money Network, Friday December 2, 2016Participants:Amar Reganti, Strategist Grantham, Mayo, Van Otterloo & Co. LLCStephanie Kelton, Professor of Economics University of Missouri-Kansas CityWatch the entire talk here:http://www.modernmoneynetwork.org/?q=symposia/can-we-afford-ityoutube.com/watch?v=EyBhU19pD3k- The relationship between federal government taxes and outlays- The function of the market for U.S. Treasuries and the meaning of “national debt”- The legal constraints of the U.S debt ceiling- The relationships between government spending, the “money supply”, and inflation- The status of the U.S. dollar as a global reserve currency
Obama On The Trillion-Dollar Platinum Coin Alberto Veronese 2017-01-20 | Obama’s Last Interview, 19 January 2017Hosted by Jon Favreau, Jon Lovett, Dan Pfeiffer and Tommy Vietor.getcrookedmedia.comThe "Pod Save America" team sits down with President Obama for his last interview as President...."Barack Obama On The Trillion-Dollar Platinum Coin"http://www.concertedaction.com/2017/01/19/barack-obama-on-the-trillion-dollar-platinum-coinOf course the President was misinformed because the coin needn’t be “massive”...Google The Web:Trillion dollar coin
Which Europe Now? Alberto Veronese 2017-01-19 | World Economic Forum Annual Meeting17-20 January 2017 Davos-Klosters, Switzerland"How can Europe overcome its divisions and forge a common path forward?" 19 January, 2017Speakers: Mark Rutte, Frans Timmermans, Maurice Lévy, Ana Botín, Martin Schulzweforum.org/events/world-economic-forum-annual-meeting-2017/sessions/which-europe-now#
2017, MMT University Alberto Veronese 2017-01-15 | Google The Web:Modern Monetary Theory (MMT)Bill Mitchell, Professor of Economicswww.bilbo.economicoutlook.net/blogTwitter: @billy_blog"In September 2017, the MMT University will be launched and open for enrolments." Bill Mitchell, January 2017http://www.mmtuniversity.org
Who Destroys Peoples Money Balance? Alberto Veronese 2016-11-24 | our monetary system is imposed rather than shared...how can we expect to respond effectively to our monetary system if we don’t have the audacity and willingness to understand it?... ...also look for,"Is the National Debt Really "Debt" at All?"fistfullfeed.wordpress.com/2016/11/20/is-the-national-debt-really-debt-at-all"The String Theory of Money"fistfullfeed.wordpress.com/2016/02/13/the-string-theory-of-money"Money: The Missing Z-axis"youtube.com/watch?v=I3UiRzumOLE"Money Is Not an Act of Saving"fistfullfeed.wordpress.com/2015/12/30/money-is-not-an-act-of-saving"Father Gold, Mother Money"fistfullfeed.wordpress.com/2012/12/23/father-gold_mother-money"Money, One of the “Dynamic Forces” that Act in Economy"fistfullfeed.wordpress.com/2013/03/08/money-makes-you-fly"When Man Accepts What He Has Been Told is Money…"fistfullfeed.wordpress.com/2013/05/04/when-man-accepts-what-he-has-been-told-is-money"How Much Money Is Out There?"youtube.com/watch?v=ceVpdpfVQ3Y"Government Debt = Private Assets"youtube.com/watch?v=0yNXmV8HoZw...
Is the National Debt Really “Debt” at All ? Alberto Veronese 2016-11-20 | Don’t confuse national wealth (real assets), with financial numbers on a balance sheet. What matters is not if the glass is half empty or half full; what matters is what it is inside the glass.It is necessary to have a clear understanding how money is created (and how it is managed by any power whatever), if one does not want to find oneself in a problem entanglement in which “equal” things are perceived and compared as different with each other, whereby in reality they are the same.We are the government and the government is us. Though, we might take into account the possibility that we all have so far universally failed the mirror test…"Is the National Debt Really 'Debt' at All ?"by Alberto Veronese, July 7, 2016fistfullfeed.wordpress.com/2016/11/20/is-the-national-debt-really-debt-at-allOnce one clearly recognizes the difference between real productive capital (non-financial assets) and money, it is only a small step to a clearer understanding of real world economic imperatives.Money does not change hands as commodities are – the natural number for money is zero.Money exists only as the "price" of “something” produced at a given "time"; and it is always expressed in its "government’s currency".also look for…"The String Theory of Money"fistfullfeed.wordpress.com/2016/02/13/the-string-theory-of-money"Money: The Missing Z-axis"youtube.com/watch?v=I3UiRzumOLE"Money Is Not an Act of Saving"fistfullfeed.wordpress.com/2015/12/30/money-is-not-an-act-of-saving"Father Gold, Mother Money"fistfullfeed.wordpress.com/2012/12/23/father-gold_mother-money"Money, One of the “Dynamic Forces” that Act in Economy"fistfullfeed.wordpress.com/2013/03/08/money-makes-you-fly"When Man Accepts What He Has Been Told is Money…"fistfullfeed.wordpress.com/2013/05/04/when-man-accepts-what-he-has-been-told-is-money"How Much Money Is Out There?"youtube.com/watch?v=ceVpdpfVQ3Y"Government Debt = Private Assets"youtube.com/watch?v=0yNXmV8HoZw...
Reagans Balanced Budget, A Bill of Goods Alberto Veronese 2016-11-07 | "[…] the balanced budget amendment is an attempt to sell the American people a bill of goods" - Gerald W. McEntee"NO, NO, NO!", by Gerald W. McEnteeThe Public Sector, August 10th, 1987Official Publication of The Civil Employees Associationhttps://library.albany.edu/speccoll/findaids/eresources/csea/The-Public-Sector_1987-08-10.pdf ...Full Video:"President Reagan's Address on America's Economic Bill of Rights" July 3, 1987youtube.com/watch?v=O4dBgimr3tk...Spending by the federal government always creates new money in the system, while taxation destroys it."Modern Monetary Theory – An Introduction: Part 1"by Dale Pierce, April 22, 2013http://neweconomicperspectives.org/2013/04/modern-monetary-theory-overview-part-1.html"Modern Monetary Theory – An Introduction: Part 2"by Dale Pierce, April 23, 2013http://neweconomicperspectives.org/2013/04/modern-monetary-theory-overview-part-2.html..."Why Money Matters"by L. Randall Wray, August 9, 2014 http://www.nakedcapitalism.com/2014/08/randy-wray-money-matters.html
