A brief reference: What you need to know when discussing economics

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Now that the American middle and lower income/wealth/power classes -- the so-called "99.9%" -- seemingly have, counter to logic and fact, voted for the party that most despises the 99.9%, one can expect discussions of economics to increase in volume and intensity, particularly if the 99.9% somehow realizes they have stepped off a cliff.

Unlike the case with virtually all other sciences, everyone has opinions about economics, and not just opinions, but strong opinions, and not just strong opinions, but strong, wrong opinions.

So to help you understand and discuss the flood of strong, wrong opinions you surely will encounter, here are what I believe to be the correct opinions. Mostly, they involve Monetary Sovereignty.

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At mythfighter.com

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Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a former blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/

Scott is a former and current President of Common Ground-NY (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of (more...)