Is TPC fast becoming the new meme? Regardless of the outcome, it is educating the public that government is able to fund itself with direct issuance, and why this would not necessarily be inflationary as opponents claim.
Joe Firestone gets a shout out, too. So far no recognition for Carlos ("beowulf") Mucha, who surfaced the idea that Joe picked up and ran with it.
It should also be pointed out that apparently TPC was initially proposed by Ellen Brown in Web of Debt (2007). Like Carlos, Ellen is also a lawyer. Credit where credit is due.
The history of TPC until July 29, 2011, is provided at The Johnsville News, Debt Watch / Coin Trick: the Trillion Dollar Coin
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