Victoria Grant
12-year old Victoria Grant explains why her homeland, Canada, and most of the world, is in debt. April 27, 2012 at the Public Banking in America Conference, Philadelphia, PA. For more information seehttp://www.publicbankinginstitute.org. Viewing on Mozilla Firefox is a known issue, where YouTube says video is not available. Other browsers work fine. It is also posted at https://vimeo.com/41954094
8 comments:
she is smarter than our fearless leaders, and probably has more balls too. there is hope after all
"Does not God make stupid the wisdom of this world?" 1 Cor 1:20
She's just been made to memorize a load of stuff written by her dad.
Still a good delivery — and a great bit of street theater, as going viral proves.
it's a bit weird though - you can tell she doesn't know what she's saying at times. And some of it is a bit wrong. Sounds like her dad has spent a lot of time on banking conspiracy websites. But you're right it's a good way to get attention.
Anon,
So are you trying to suggest that advocating against a policy whereby it is asserted that a nation has to "borrow" balances of it's own currency is based on a "conspiracy theory"?
Now that is what really sounds like someone who "doesnt know what he/she is saying at times"....
While off topic, I have viewed several
videos featuring Bernard Lietaer today and think that all MMT enthusiasts might find these of interest. Dr Lietaer played a role in developing some aspects of the euro; his bio:
http://www.lietaer.com/about/bio/
gives some indication of the diversity of background.
These are older videos:
Bernard A. Lietaer on Monetary blind spots and structural solutions 3v5
http://www.youtube.com/watch?v=Q7uJIjSO-a4&feature=BFa&list=PL5EC0F0DFAA88B611
and
TEDxBerlin - Bernard Lietaer - 11/30/09
http://www.youtube.com/watch?feature=player_embedded&v=nORI8r3JIyw
In the YouTube video Lietaer mentions a school of economics which developed in the 1920s and about which I have not seen reference; I could not make out the name, which sounded like "Shockley", and I wondered whether Tom or another reader might enlighten me as he suggests that it may have relavence to chartalism/MMT and the like.
@wilwon32
After further searching, I think that my misinterpretation of B Lietaer's reference as -'Shockely'- (mentioned above) should have been interpreted to mean the 'Stockholm School of Economics' about which I know essentially nothing.
The info in the Wikipedia article describing the Stockholm SoE suggests that that school advocates concepts similar to those involving the Jobs Guarantee/ELR concepts advocated by Wray, Mitchell, Mosler, et al. Perhaps, that could be related to the main-stream economists' adversarial stance relative to MMT? B Lietaer's talk in the first-mentioned video mentioned the fact that the arguments/ideas put forth by the economists at UMKC facility had been essentially marginalized even though other economists could find no faults! Interesting.
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