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Re: [Pen-l] a dialogue


Peter Hollings wrote:
> 
> What about nationalizing the Fed, ending debt-based currency and using the
> government's power to issue money as envisioned in the Social Credit
> movement, more specifically as described in:
> http://www.hollings.org/Content/Cook-EconomicDemocracyAndAGuideToThe2008Pres
> identialElection.pdf .

Well, a really serious attempt to control the economy in this way calls
for a totalitarian state, as those who have thought it through (e.g.,
Ezra Pound) have proclaimed.

Carrol

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