A commentator who uses the name Vinnie on this blog asked this question this morning:
I just wondered if I could put forward a suggestion for a future “Question of The Day”?
If we were to create an economy from scratch, what would it look like?
Would we have CBRs, broad money, private banks (or even nationalised ones), Treasury bonds, direct BoE financing of the Treasury. Sovereign money (Positive Money style) etc etc?
What bits of the present system would we keep (and why)?
Is the future aim a sustainable economy and if so, what would that actually mean and look like?
Big topic, I know, but would be good to see (and understand) some of the ideas that are out there.
A big topic indeed, but what does anyone think?