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Subject:
From:
Carrol Cox <[log in to unmask]>
Reply To:
- Ezra Pound discussion list of the University of Maine <[log in to unmask]>
Date:
Fri, 2 Jun 2000 11:08:51 -0500
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charles moyer wrote:

> Pound claims it is. See "IMPACT: Essays on Ignorance and the Decline of
> American Civilization" (1960) p.108.

But the accuracy of that claim is what is in question. The claim is
apparently
made by quite a few writers but no one has cited the actual text by
Paterson
that contains the sentence. Are we dealing with a sort of urban legend? (If

so, it's a good one, and whether Paterson said it or not it does exemplify
one view towards the money "created" by banks. It is *not* Pound's
honesty which is being questioned. Michael Perelman wants to quote it
in a book he's writing, and he needs a dependable source for it.

Carrol Cox

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