Stephen Yearwood
1 min readApr 19, 2019

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I thought I had responded previously to your Response. I do understand now what the problem is with the link, thank you, but I don’t know how to fix it—and anyone who is really interested can type in the address, anyway.

The money is created as needed for the income. The total of that income forms the supply of money (as currency) for the economy. That is how I always put it. I don’t see how I can make it clearer than that. In terms of sheer economics, this idea is ‘only’ a new and different (i.e. revolutionary) way of supplying the economy with money.

I suspect that people have a hard time understanding my proposal, at least in part, because they are receiving it through the prism of ideology. Being concerned with whether or how it fits the ideology makes it difficult to see my proposal for what it is. At least, that’s an explanation; it might very well not be the explanation. I also freely acknowledge that I am a better thinker than I am a writer — or web site designer/manager.

I tried to import a diagram I created on Word to my Web site and to Medium, but it wasn’t accepted either place. As you have seen, technology and me are not all that compatible.

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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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