MMP Blog #24 Responses
Comments and responses on the Modern Money Primer Part 24.
MMP Blog #24 Responses Read More »
Comments and responses on the Modern Money Primer Part 24.
MMP Blog #24 Responses Read More »
Comments and responses on the Modern Money Primer Part 22.
MMP Blog #22 Responses Read More »
Since government deficits create an equivalent amount of nongovernment savings, it is impossible for the government to face an insufficient supply of savings.
MMP Blog #22: Reserves, Government Bond Sales, and Savings Read More »
Comments and responses on the Modern Money Primer Part 21.
MMP Blog #21 Responses Read More »
There are often two objections to the claim that government spending effectively takes place by simultaneously crediting the recipient’s bank account as well as the bank’s reserves.
Comments and responses on the Modern Money Primer Part 18.
MMP Blog #18 Responses Read More »
Comments and responses on the Modern Money Primer Part 14.
MMP Blog #14 Responses Read More »
This week we return to our analysis of the operation of today’s monetary system, examining the denomination of IOUs in the state money of account.
MMP Blog #14: IOUs Denominated in the National Currency: Government and Private Read More »