First of all, it is based on the ideology that
public money creation is inflationary.
Not exact matches
Full employment via
public jobs is a great thing; but, oh, it is so blatantly obvious that debt - free
money creation by the government is absolutely censored on both the right and the so - called left to protect the commercial - banking cartel.
As a reaction against the 19th and early 20th centuries» rising trend of
public regulation and
money creation, this school describes
money's value as based on its bullion content or convertibility, or on bank deposits and other financial assets.
It is probable that less than 10 % of the
public understands
money creation.
A report by the USA Today Network in June determined the
money is largely devoid of benchmarks and job -
creation goals, «limiting the
public's ability to objectively determine whether the dollars have been well spent.»
It requires private
money, but it also requires political support and stability - for the
creation of what Adam Smith taught us to see as
public goods.
Charter schools — privately run
public schools largely funded through
public monies — have been contentious within politics since their
creation.
This requires honest performance - based assessment of schools and the
creation of options - by finding spaces in effective schools, creating new schools, or even, as Rod Paige did on a small scale in Houston, finding
money to pay tuition in available private schools for a few dozen children whose
public schools just wouldn't turn around.
On Monday, Georgia's Supreme Court decision deemed the Georgia Charter Schools Commission — a state commission that authorizes the
creation of charter schools — unconstitutional, striking down a 2008 law that gave the state the power to create the commission in the first place and allowed the commission to fund charter schools with
money that would have otherwise paid for
public schools in local districts.
Unlike
public sector central bank
money creation which creates high powered
money out of thin air and does not produce additional debt, private sector
money creation involves the simultaneous
creation of offsetting debt.
The fallout from this, Solyndra, and quite possibly several other heavily - funded grand ideas is not just the loss of big pots of
public and private
money, but the
creation of a snake - bit and conservative economic paralysis in exactly those technological areas that are and will be vital in the near future.
What we are talking about here really is a
money that has been created by the
public that literally does not allow any single individual to control its
creation or supply.