The print edition of 'Money for nothing and my Tweets for free' is on its way. The proofs arrived yesterday:
I have to admit that I like the way it looks:
That is how I always wanted to have a page of mine look. And I have got it.
I suspect publication will be within a week now. The price will be £4.95, which is as low as I can really make it.
Suggestions for follow-ups are also welcome. Are there topics or themes here that deserve this treatment if they can be done with reasonable economy? If so, suggest the collection - and even the content.
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Forget follow ups for now – lets think about DISTRIBUTION first. Impact!
It’s cheap enough to buy for others! All I need to know is how to get my hands on it/them.
Details asap…..
Yes – maximise the impact of this book. All else (book-wise) can wait.
I agree with the Pilgrim….Distribution…..and reviews in appropriate places.
I will want to buy probably ten copies to distribute to friends who have expressed at least a little interest in these matters.
Thanks Richard.
Alan
Thanks….
The text reads, “A person asks for a loan from a bank. The bank agrees to grant it…That is literally how all money is made.”
This isn’t literally true of course, since the government itself creates money whenever it spends (i.e. in addition to producing notes and coin and authorizing banks to create money).
Oddly, this appears to be acknowledged in the previous paragraph, which says, “The government also makes a significant part of our electronic money now (and) the commercial banks make the rest…”.
The government makes money by asking for a loan from the Bank of England
That is how it makes money…
So the paragraph is right
From an economic point of view, the Bank of England is part of the government. Indeed, it’s owned by the Treasury.
I think you acknowledge this indirectly when you correctly point out (elsewhere) that total nominal public sector debt should be reduced by the amount held by the central bank when discussing the national debt “burden”.
I do if often through the book…
Looks great. Easily ‘digestible’.
Thank you.