Next Monetary Literacy Group Meeting: June 24, 2015, 7pm-9pm

National Debt and Deficits: Myths & Misunderstandings
Glenn will present the MMT perspective on the National Debt and Deficit spending.  In this admittedly unconventional view, he will cover:
  • Why government deficit spending is not only good, but necessary for our economy to function.
  • Relationships between the private sector and public sector. "The public sector deficit is the private sector surplus." How government surpluses actually hurt the economy.
  • How our money today is dramatically different than it was before 1971, but we act as if it is still 1970.
Finally, with this new and different understanding of debts and deficits, what policies make the most sense to pursue, given the goals of stable prices and low unemployment.

This talk will open your minds to a different way of looking at the national debt!
When:  June 24, 2015, 7pm - 9pm
Where:  Freedom Square III Building, Lower Level Meeting Room
                 4511 Rockside Road, Independence, OH 44131

About the Group:

The Monetary Literacy Group is a group of concerned citizens interested in the ongoing study and research of our monetary system.  We do book reviews, hold monthly discussions, attend conferences and try to teach others the importance of understanding our monetary system.

All are welcomed to join, we are a non-partisan group.  We like to explore alternative views and proposed reforms.  There is quite a bit of diversity in the group, and different ideas and views are welcomed.  Areas of discussion include Modern Monetary Theory, American Monetary Institute / Positive Money, Public Banking Institute, Complementary Currencies and the Austrian School of Thought.  Feel free to attend an upcoming meeting.  You'll be glad you did, and we would be happy to meet you.

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