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Re: elr and mosler/censorship



At 04:07 PM 3/6/97 -0700, you wrote:
>on elr
>after warren's post, i finally saw what mason was getting at; it was
>then corrected by bill m. mason wondered if "we" were arguing that
>only govt can provide for net private sector saving.

  Well, actually, I'm sitting under the roof of a substantial
  part of my "savings".  The suggestion that I'm a naughty boy
  for not saving enough - cause roofs don't count - bothers me.
  Must I collect government paper to be a "true saver"?

  I understand that money is not neutral.  That said, I sense
  perhaps wrongly, that real objects - especially those not
  "on the market" are not given much recognition in economic
  theory.  An example: in Social Security worries, the huge
  pile of things and inventions we are leaving to our grandchildren.
  This huge pile, lacking market evaluation, seems to be ignored.
  This being ignored in the books makes re-educating grandpa
  difficult.

       Mason

  Can I teach grandpa about "volume measures"?



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