BRILLIANT NEW EXPOSITION BY WARREN MOSLER

I disagree with Mosler only on the point that “inflation results from prices that governments pay above the margin” – although I suppose even that definition could be taken as a veiled description of governments having us unnecessarily paying for land prices that needn’t exist, and for taxes levied upon labour and capital?

And, hey Greens! If you really want to attack pollution and climate change, we need to be taxing ‘land’ rent away (i.e. the rent of all our natural resources) to curb monopoly and over-exploitation: for people and the planet’s sake.