The Trillion Dollar Coin: Joke or Game-changer? | Alternet

Somehow we have come to accept that it is less silly for the central bank to create money out of thin air and lend it at near zero interest to private commercial banks, to be re-lent to the public and the government at market interest rates, than for the government to simply create the money itself, debt- and interest-free

via The Trillion Dollar Coin: Joke or Game-changer? | Alternet.

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