Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
Well, here I am again, talking with Abby Romaine, on station, WNZF News Radio (Flagler County, FL). You can hear us at Abby Romaine show.
Abby is the only broadcaster I know — in fact, the only media person I know — who understands the economic implications of deficit reduction. Considering how many broadcasters, newspaper editors and columnists there are in America, that’s quite a statement about today’s media and Abby.
I think you’ll find the show interesting, not only because of the mouthings of yours truly, but because Abby is smart, asks good questions and spices things up with a fun personality.
The show was aired before the debt ceiling deal, but I wouldn’t take back a word of it, today.
Rodger Malcolm Mitchell
No nation can tax itself into prosperity, nor grow without money growth. Monetary Sovereignty: Cutting federal deficits to grow the economy is like applying leeches to cure anemia. The key equation in economics: Federal Deficits – Net Imports = Net Private Savings