April 2017

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 January of 2009 the Democratic Party, having won big majorities in both Houses of Congress, took over the 111th Congress of the United States. The Democrats had very large […]

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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, […]