While I struggle to describe a new monetary system based on a debt free, serialized, digitized, dollar existing as a "real entity" object with its own properties and behaviors distinct from simply being a number in an account of the Accounting System......Others are struggling in the attempt to describe the current monetary system (which is wrong because it is debt based) in accurate understandable framwork.
J. D. Alt is attempting to make a fundamental money system narrative explanation for dummies here. Evaluate the difficulty simply by looking at the comments on what he writes made by those that have a great understanding of the system and the language.
Raul Carrillo is making his narrative attempt to explain the monetary system here: America is $17 Trillion in Debt — Here's Why You Shouldn't Be Worried
Both are good attempts as well as all the others struggling to get the true picture of understanding the money system model across to the general public. When the Tea Baggers get it they will have succeeded. The best I think they can do is get it across to the segment that counts enough to at least prevent the serious crises based on ignorance much less change the nature of the system to a better one that is debt free based.
They are both handicapped by our Natural Language. They could explain it in a more refined presentation but the public would not understand it. Perhaps they should revert to cartoons! The problem of explaining money is between a rock and a hard place.
At least Raul Carrillo makes generous use of links. Some one commented on J. D. Alt's target audience, as being more inclined to dig down into the analysis. That is what we do on the WWW to discover and learn. The links to things have to be laid our for us. Simply, logically in a structure for us to follow, if we care to.
The stumbling block of the ambiguity of Natural Language! Why do structures that reduce ambiguity have to be so complex!
A thing is explained by the context of the things it relates to.
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