Stephen Yearwood
1 min readMay 31, 2020

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Actually, in the central-bank monetary system as it exists today, money is debt. All of the new money that enters the economy does so as new (i,e, additional) debt, whether private or public.

Here is a way to supply the economy with money without using debt for that purpose (with astonishing results for society): "For Crying Out Loud, ACCEPT that A SOLUTION Actually exists" (a "3 min read"--including options for further reading--here in Medium.) [Links are apparently disable din this new Response platform.]

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Stephen Yearwood
Stephen Yearwood

Written by Stephen Yearwood

M.A. in political economy (money/distributive justice) "Please don't confront me with my failures/ I'm aware of them" from "These Days," as sung by Gregg Allman

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