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Derek Henry's avatar

David Jamieson's running commentary over the last several years has impressed me no end. It has been nothing short of excellent !

Not because it massages my confirmation bias or massages my pure hatred for EU uber alles or even because it is a view that comes from the true left. It is because I've learned quite a lot from it after doing my own research on some of the topics, after David talked about different things and highlighting the context for me.

The problem is it is not a two way street.

If Conter truly understood money and invited economists onto podcasts ( not Cameron Archibald or Richard Murphy who are as bad as Henwood ) So that they stopped talking to GROUPTHINK and reinforcing GROUPTHINK regarding money. Then Conter in my view, once they fully understood money, would be the gold standard analysis on anything Scottish. Conter would beat anything out there hands down and by a country mile.

But that is never going to happen. GROUPTHINK is very strong within the Borg. If Conter fully understood money. It would mean taking a look at various passed book reviews and passed economic views with a fresh pair of eyes. Ultimately abandoning years and years of hard work.

Why of course Henwood, who had already all but vanished, resurfaced after the facts ( the assets and liabilities of a government balance sheet ) debunked and destroyed over 30 years of his work.

For me that's why Indy continues to fail. For all the same reasons. The GROUPTHINK can't find the strength within itself to admit for years bow they thought about money was wrong. Thought it grew on rich people. Thought a government budget ( the issuer of the currency) was like a household budget ( a user of the currency)

Like an archaeologist. When digging up a coin thinking it was a tax payers coin, instead of actually reading what was written in full view on front of the coin.

These Marxists and socialists below crossed that bridge a few years ago and were strong enough to admit they had been wrong. The work they now put out is simply second to none.

https://moneyontheleft.org/

And these people who work closely together with money on the left Marxists and socialists.

https://www.modernmoneynetwork.org/

This should be Conter's goal to cross that bridge. Leading the framing and narrative on Scotland's future. If only they could get passed the GROUPTHINK and leaving people like Henwood in the Wilderness and debunked. Where people like him belong.

Fully understood the growth commission and the real dangers to democracy it represented.

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Derek Henry's avatar

Scottish independence has not just been captured by the usual suspects. Indy was also captured by Henwood who thinks money grows on rich people.

Why would we even entertain him.

https://www.nakedcapitalism.com/2019/02/randy-wray-response-doug-henwoods-trolling-mmt-jacobin.html

And

https://neweconomicperspectives.org/2019/02/response-to-doug-henwoods-trolling-in-jacobin.html

Henwood along with many others doesn't understand money.

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