Feb. 16th, 2012

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(Just another tl;dr post I place here as well as the [livejournal.com profile] talk_politics community. Move along; nothing to see . . . unless you want to.)

I recently shocked [livejournal.com profile] montecristo by dropping a name not many bandy about: Ellen H. Brown. Ms. Brown is the author of the blog Web of Debt and has published an informative book of the same name. She is also one of the names associated with a new economics movement focusing on monetary policy. It's so new, in fact, a rallying name has yet to be, er, coined, though "monetarist" and variations thereon pop up from time to time. The goal of these thinkers: to cut through the years of economics education that has allowed graduates to achieve even doctorate level educations without understanding the basic principals of monetary creation that I briefly outlined in my last post. When it comes to books about how money works, they are few and far between.

In the shocked comment, [livejournal.com profile] montecristo asked if I were a "Greenbacker." I honestly don't know if I am or not; though I enjoyed Ms. Brown's book and have had a few email exchanges with her, I'm too aware of gaps in my understanding to embrace her entire philosophy without first trying to learn what backs it and of what value it might be. I admit I lean in her direction, but that's really neither here nor there. Today, I would like to share in what it means to be a Greenbacker. )

X-posted to [livejournal.com profile] talk_politics.

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