Very interesting interview, very clear. http://www.salon.com/technology/how_the_world_works/2011/04/18/how_to_think_about_tea_party_economics/index.html ________________ Inflation targeting is only one step away from commodity money from which we can never fully complete the transition. In one reading Marx argued that commodity money could only be transcended if commodity production itself was transcended.
He seems of course to have been quite wrong about this, yet the break with commodity money seems stillborn
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