Saturday , May 3 2025
Home / Mike Norman Economics / Mint the $1 Trillion Coin to Fight Climate Change — Kate Aronoff

Mint the $1 Trillion Coin to Fight Climate Change — Kate Aronoff

Summary:
“If we’re actually trying to create a paradigm shift, where average people can start to understand how money works,” [Rohan] Grey added, “the coin is big enough and loud enough and shocking enough to cut through the noise and reframe the entire debate.” The starting point for that shift, he says, is to create a widespread recognition that debt and money financing are “functionally equivalent.”...The New RepublicMint the Trillion Coin to Fight Climate Change | The New RepublicKate Aronoff, staff writer at The New Republic

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model

Mike Norman writes The Accursed Tariffs — NeilW

Mike Norman writes IRS has agreed to share migrants’ tax information with ICE

Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius

“If we’re actually trying to create a paradigm shift, where average people can start to understand how money works,” [Rohan] Grey added, “the coin is big enough and loud enough and shocking enough to cut through the noise and reframe the entire debate.” The starting point for that shift, he says, is to create a widespread recognition that debt and money financing are “functionally equivalent.”...
The New Republic
Mint the $1 Trillion Coin to Fight Climate Change | The New Republic
Kate Aronoff, staff writer at The New Republic
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.

Leave a Reply

Your email address will not be published. Required fields are marked *