Thanks for nothing, but more inanity will not really help what ails us, just like negative interest rates are a ‘kicking the can down the road’ fail.



Skidelsky gets that part right, but constructs an entirely false premise to consider the monetary-fiscal policy dilemma that we are really facing



Starting here … in trying to bring his ‘Keynes’ knowledge-base for support ----



“”He probably would have said the same about negative interest rates: a desperate measure by governments that can think of nothing else to do.””



Except …… EXCEPT …. that it is NOT the government that is proposing and carrying out these policies, but the central banks, most of them being PRIVATELY owned, and all of them operating a PRIVATE money system. Gawd, for a modicum of reality.



So, whenever he’s ready to broach the taboo of “public money”, something that governments CAN DO, and HAVE DONE, then maybe we can be on the road that takes us to a non-debt-contract-based solution, as called for by Turner and others.



This being a path that actually repairs against the past hundred-plus years of debt-buildup, with openly and blatantly recognized, complete inability for repayment because ………. Are you ready(?) ……. There is not enough money.



Get real, Ski.

Address the taboo of public-equity-based money.

Thanks.

For the Money System Common.

