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Seeking “some education” Jared Bernstein recently asked some questions about MMT (Modern Money Theory).This series is my effort at some answers. Part I is about deficit spending. Part II covers […]

Seeking “some education” Jared Bernstein recently asked some questions about MMT (Modern Money Theory).This series is my effort at some answers. Part I is about deficit spending, Part II covers […]

Seeking “some education” Jared Bernstein recently asked some questions about MMT (Modern Money Theory).This series is my effort at some answers. Part I is about deficit spending, Part II covers […]

Seeking “some education” Jared Bernstein recently asked some questions about MMT (Modern Money Theory).This series is my effort at some answers. Part I is about deficit spending. Possible Overheating Jared […]

Seeking “some education” Jared Bernstein recently asked some questions about MMT (Modern Money Theory). This series is my effort at providing some answers. Sorry, but no there’s no agreement on […]

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 […]

This one is years old. I’m posting it here as is, because it is still of great current interest. A couple of weeks ago, I posted on a simple solution to the […]

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 […]

This post replies to a Facebook post by Erik Rydberg. Thanks for your facebook post. It brings out an important issue. But I agree with some of the critics that […]

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 […]