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DIAGRAMS & DOLLARS: Modern Money Illustrated, by J.D. ALT
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This short, easy to follow book explains the basic concepts underlying the debate about the possibilities and implications of Modern Money Theory. The explanations are illustrated with simple diagrams, making the concepts easy to "see". The explanations are targeted to the "non-economist" with a serious interest in the current debate about fiscal policies and National Budgets.
- Sales Rank: #121748 in eBooks
- Published on: 2014-01-12
- Released on: 2014-01-12
- Format: Kindle eBook
Most helpful customer reviews
7 of 7 people found the following review helpful.
A beautiful description
By john M. Wilkins
Very easy to understand, even for middle school. Everyone should read, especially Congress & the President.
Congress & the president don't want the American people to understand this because it would render much
Of what they do largely irrelevant. I think many people will still want to know why owning so much money to
foreigners is still not dangerous even though you explained the U.S. can create currency without limit (up to the
Production capacity of the nation).
7 of 7 people found the following review helpful.
Even a Fifth Grader Can Understand This: Why Can't Congress?
By PotomacOracle
An excellent contribution to plain talk on economic policy. Alt' s eclectic simplifications of otherwise counter intuitive concepts demonstrates how creativity neutralizes complexity. I cannot recommend to highly the widest distribution of this seminal presentation on how our Federal Government actually funds itself without tax or borrowing revenue. Every 5th grader should be required to read and prepare comments/questions as part of their grade in Civics.
6 of 6 people found the following review helpful.
An excellent introduction to modern money
By Larry Hamelin
Alt very succinctly explains how money *actually* works in a modern economy. Modern Money turns all your notions about money upside down. Alt's clever diagrams and clear straightforward prose clearly and comprehensibly explain the central concepts of Modern Monetary Theory, accessible to any reader.
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