Periodically, as reaching the debt ceiling approaches, a spate of articles and posts appear in the mainstream media warning about an impending government financial crisis, and doing so in a […]

Debt ceiling crisis politics has now provided us a temporary respite by getting a Continuing Resolution passed that will re-open the government until the next deadline for broader agreement on […]

Of course, it is better to teach them both these things, but I believe that it is better for now to view teaching about Overt Congressional Financing (OCF) as a […]

The National Debt Is Congress’s Fault: Revisited

Much of the leverage conservatives and Republicans have over our fate is due to the belief most people hold that federal deficits, the national debt, and the GDP ratio are […]

The Puerto Rico natural disaster has been commented on extensively in the Press and alternative media. For example: Jeff Spross in The Week; Over the long term, Puerto Rico should […]

What if the US Treasury Could Order the Federal Reserve to Increase the Balance in Its Spending Account Whenever it Needed to Either Spend Congressional Appropriations or Redeem Debt Instruments and Everyone Knew that It Could?

Well, it just so happens, that it can order the Federal Reserve to do that. It’s just that not everyone knows that it can. And among those that know, there […]

In the continuing debate about implementing a health insurance reform that works, much attention is paid to the issue of how many people have been, or are projected to be, […]

My first interview at Real Progressives on Monetary realities, including how the Federal Government spends, the absence of legitimate solvency concerns, austerity scares and other related questions.

Donald Trump’s cabinet nominees, along with his current allies in Congress, and among lobbyists, suggest that he is likely to break his frequently stated campaign promises that, if elected, he […]

Donald Trump has promised a $1 Trillion Infrastructure plan to create jobs, but has been vague about how that would be implemented. In an interesting post, Ellen Brown makes the […]