Posted To Steve Keen’s Substack Newsletter 07/15/2024

Turning the other cheek is wisdom, good for you.

Imports and exports we may aways have with us, but having a robust manufacturing and generally productive economy guards against potential instabilities and can’t be anything other than virtuous.

Of course integrating a new monetary paradigm of Gifting utilizing accounting operations into the Debt Only present system with 50% reductions of costs at retail sale and of debt levels at the point of loan signing makes the entire system hit on all 30 trillion cylinders, reduces costs for everyone and stops the continual build up of private debt. Or at least that’s what Hyman Minsky channeled to me about 7 years ago. 😉

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