Wednesday, January 18, 2012

still hung up on the supply of investable funds

christ jesus

there is no stinking nee for investable funds generated internally by the various agents of the economy


credit is limitless

we can control price level movements and by tax and subsidy tweek activity

given a transparent  full info system
the view will be adequate to steer us ahead
and reduce the  socially necessary  labor  time quotas
step by step as technical advances allow

and first of all forget about any private investor class
either the barren rentier variety or the clever angel