See below for an interesting paper (http://www.monetary.org/yamaguchipaper.pdf ) presenting the simulation results of implementing AMI’s proposed monetary reform.
Peter Hollings -------- Forwarded Message -------- From: AMI <[email protected] <mailto:ami%20%[email protected]%3e> > Reply-to: [email protected] To: AMI <[email protected] <mailto:ami%20%[email protected]%3e> > Subject: [gang8] Exciting Development at AMIs 6th Annual Monetary Reform Conference in Chicago Date: Sun, 10 Oct 2010 14:03:12 -0400 Dear Friends of the American Monetary Institute, (Please pardon multiple mailings) The 6th Annual AMI Conference was an exciting event, regarded by repeat participants as our best yet! The most significant development was a presentation by Professor Kaoru Yamaguchi of his computerized analysis and conclusions on how the American Monetary Act would function. Professor Yamaguchi earned his Economics Doctorate at U.C. Berkeley and is now a Professor at the Doshisha University in Kyoto, Japan; one of Japan's most prestigious Universities. His macroeconomic analysis of the American Monetary Act using an advanced system dynamics approach showed very positive results: 1. The American Monetary Act will pay off the national debt without inflation. 2. It allows for the kind of growth we need in promoting jobs through fixing our infrastructure. 3. Using such debt-free money that the Act creates is the correct option for solving the crisis that neither of the competing dominant economists' viewpoints even consider. This is a very big deal. Economists will now have to look beyond their dysfunctional Keynesian and opposing systems using debt for money, and carefully examine the American Monetary Act, which institutes debt-free money. We welcome this development. Here is Professor Yamaguchi on our YouTube channel, being interviewed by two of our monetarily aware conference participants, Joe Bongiovanni and Peter Young: http://www.youtube.com/user/AmericanMonetaryInst#p/u/6/AfiKM1F1KBA Professor Yamaguchi's full paper is linked near the top of the AMI home page. The version of the Act which Professor Yamaguchi "modeled" is the one in our 32 page brochure presently on our web site at: http://www.monetary.org/amacolorpamphlet.pdf). We are in final stages of having the conference talks available in full on the Internet. Check back at our home page in the next few days to know when they are available. Carol Brouillet's report on the AMI Conference is viewable at our home page at http://www.monetary.org Congressman Dennis Kucinich addressed the Conference by video and told the participants to expect his bill to be introduced in November, 2010. Finally, our 7th Annual AMI Monetary Reform Conference is scheduled for September 29th thru October 2nd. If you reserve now, this month (simply print and use one of the 2010 registration forms), you can reserve at the minimum rate (probably $225) and we'll phone you in January and February, 2011, to arrange confirmation and payment. 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