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Re: Local Currency Article



>>> thirdway@cesj.org 12/10/02 11:24AM >>>
Why assume that the Tobin Tax is a good idea?  If an informed society
can create money for sustainable growth linked to broad-based ownership,
why add friction to that process? 
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Because at the moment Tobin Taxes are much better known than the Fed
proposal, and is probably a bit closer to being implementable, and
taking a positive step which may eventually become obsolete is
preferrable to standing in place.


David
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