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First, I am grateful for a positive response. Those have been rather rare.

As I see it, it is a binary option: either there is a DDI or there is not. Whether a nation would choose also to fund government by creating the money for that is another issue. I have always assumed that any nation adopting a DDI would also fund government that way, but the latter does not have to be done at the same time--or ever.

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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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