Money supply and the Rolling Jubilee

9 December 2012

Smart bit of financial thinking. Buying debt, which is cheap and then writing it off. Unlike quantative easing, this process actually reduces the amount of debt and money in the system.

I’m reminded of Ben Dyson and his discussions of how money is created and how the process has expanded over the last decade.

Here’s more from Ben Dyson on Four Thought on Radio 4.