Do Bond Sales & Borrowing Finance US Deficit Spending?
Professor L. Randall Wray responds to this question and debunks the misunderstandings and fallacies surrounding it.
Do Bond Sales & Borrowing Finance US Deficit Spending? Read More »
Professor L. Randall Wray responds to this question and debunks the misunderstandings and fallacies surrounding it.
Do Bond Sales & Borrowing Finance US Deficit Spending? Read More »
The answer to both questions posed in the title is, I think, a big fat no.
Comments and responses on the Modern Money Primer Part 31.
MMP Blog #31 Responses Read More »
Comments and responses on the Modern Money Primer Part 28.
MMP Blog #28 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 23.
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We should not be fooled by such self-imposed constraints. We should be able to see through them to understand that since they are imposed by government on itself, they can be removed.
MMP Blog #23: The Debate About Debt Limits (US Case) Read More »
Comments and responses on the Modern Money Primer Part 22.
MMP Blog #22 Responses Read More »
Comments and responses on the Modern Money Primer Part 21.
MMP Blog #21 Responses Read More »