In Part I, Part II, and Part III, I listed and analyzed seven options, analyzed them and also pointed out that the President's 14th amendment option, actually makes turning to the 14th as a justificat Read more about Rationalization and Obligation, Part IV: Differences Among Options
In my last two posts I've been reviewing the new wave of mainstream posts and commentary on Platinum Coin Seigniorage (PCS) by way of providing background for making the case that the MSM are missing “the big story” about PCS. Read more about New MSM Trillion Dollar Coin Wave Misses the Big Story: Drum and Yglesias
Matthew Yglesias posting in Slate, also gave us a few words on Dylan Matthews's post about Modern Monetary Theory (MMT). He starts with this thought: Read more about The WaPo MMT Post Explosion: Matthew Yglesias's Reaction to MMT
In one of these freakonomical perverse results, apparently right-wing memes about socialism have been overused and are hence rebounding against them. Via Yglesias:
Only 53% of American adults believe capitalism is better than socialism. The latest Rasmussen Reports national telephone survey found that 20% disagree and say socialism is better. Twenty-seven percent (27%) are not sure which is better. Adults under 30 are essentially evenly divided: 37% prefer capitalism, 33% socialism, and 30% are undecided.