Modern Money Theory: The Basics
Here we go with the basics of MMT.
MMT Beginner
Taxes Don’t Fund Federal Spending
Our federal government doesn’t need revenue. So why the chatter about how will the government get money to fund its operations?
“Debt” Ceilings for Dummies
Beautifully simple are a sovereign nation’s sectoral balances. They readily demonstrate that the government’s negative is the public’s positive, and vice versa.
The Biden Manchin Deal Will Make Inflation Worse
The primary reason for imposing a tax at the federal level is to create a demand for the currency that the federal government can create at will.
What Should Brazilian Economists and Policy Makers have Learned from the Crisis?
By now (2012), economists should know better than to rely on private borrowing alone to keep economies from underperforming.
Redesigning Money for a Donut World
Government spending is nothing like a household. The government’s job is to keep the economy in balance.
Back to [MMT] Basics
From the definition of a dollar as a unit of measure all the way to what The Fed is and how public policy can be informed – Grumbine runs the gamut on MMT basics.
The Truth About ‘Printing Money’
If government spending is just “printing money” then taxing is simply “unprinting money”. It’s a circuit.