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Peter Cooper — Unfulfilled Potential

Summary:
... a government’s monetary sovereignty creates a potential for meaningful social progress. But it is only a potential, and can only be fulfilled through genuine democracy conducted by an informed citizenry. Right now, it is perhaps fair to say that an informed citizenry and, as a consequence, genuine democracy, are almost entirely lacking in the specific area of macroeconomics. At minimum, an informed citizenry would understand that, due to monetary sovereignty:If we can do it, we can afford it.... heteconomistUnfulfilled PotentialPeter Cooper

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... a government’s monetary sovereignty creates a potential for meaningful social progress. But it is only a potential, and can only be fulfilled through genuine democracy conducted by an informed citizenry.
Right now, it is perhaps fair to say that an informed citizenry and, as a consequence, genuine democracy, are almost entirely lacking in the specific area of macroeconomics.
At minimum, an informed citizenry would understand that, due to monetary sovereignty:
If we can do it, we can afford it....
heteconomist
Unfulfilled Potential
Peter Cooper
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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