tag:blogger.com,1999:blog-3381985327954951465.post4922528785960881383..comments2023-09-23T08:36:08.569-05:00Comments on The View From Our Whitehouse - Monetary System Reform Watchdog: Ray Dalio on Monetary History and Where We Are NowLarry Whitehttp://www.blogger.com/profile/02134971615760319862noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3381985327954951465.post-32086585804079355952020-06-06T12:57:46.345-05:002020-06-06T12:57:46.345-05:00Go back to debt-free money. Inflation can also be ...Go back to debt-free money. Inflation can also be controlled by "retiring" currency issued for expenditures like building bridges and other big infrastructure projects. When the build is complete, the bills that went into circulation to finance the construction are "retired" by the bank and withdrawn from the money supply. Most tax is to pay national/state/local debts off, with debt-free money there would be no such debts and all that tax is avoided. Less money is created over all, but it is more fluid and well-distributed in the economy.Stephanhttps://www.blogger.com/profile/04707653275989610474noreply@blogger.com