Interesting case…

A little (but unfortunately only a little) levity for the weekend:

This quote surely is designed for economists who seem to be quite unaware how money fits in or even where it actually comes from.

Then there is this suitcase – which is probably far more important:

Looks to be fine for going to the Co-op in the Strand – but is there enough room in the bottom for the lemons and ice?

Comments

  1. Schofield -

    Here’s some additional thought that expands on the work of Christine Desan. It reminds us that Britain cannot be a proper democracy until there’s genuine and effective public sovereignty exercised over the creation and regulation of the medium of exchange the British use. Indeed the failure to recognise we don’t have this is to tyrannise ourselves and mock democracy!

    https://www.journals.uchicago.edu/doi/pdfplus/10.1086/689839

    1. Peter May -

      Agree with the article (I think) – but goodness it’s another very difficult read….

  2. Andrew Dickie -

    Peter and Ms. (I think) Schofield.

    I entirely agree, and have quoted, on Richard Murphy’s Tax Research Blog, the following quote – almost Mission Statement – from the
    American Monetary Institute (see https://www.monetary.org/) the following:

    “Over time, whoever controls the money system, controls the nation.”
    – Stephen Zarlenga (1941 – 2017)

    Stephen Zarlenga held that constitutional theory needed to be rewritten, to recognise that a political system in quadripartite, with money creation been the 4th element to add to the Executive, Legislative and Judicial Arms of the old Tripartite model.

    1. Peter May -

      Many thanks Andrew. Wonderful quote – have to find out more about Mr Zarlenga as had never heard of him…

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