MMP Blog #34 Responses
Comments and responses on the Modern Money Primer Part 34.
MMP Blog #34 Responses Read More »
Comments and responses on the Modern Money Primer Part 34.
MMP Blog #34 Responses Read More »
The US Dollar probably will not remain the world’s reserve currency. From the US perspective, that might be a disappointment. In the long view of history, it is inconsequential.
MMP Blog #34: Functional Finance and Exchange Rate Regimes: The Twin Deficits Debate Read More »
Comments and responses on the Modern Money Primer Part 31.
MMP Blog #31 Responses Read More »
This week we begin a new topic: functional finance. Today we will lay out Abba Lerner’s approach to policy.
MMP Blog #31: FUNCTIONAL FINANCE: Monetary and Fiscal Policy for Sovereign Currencies 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 25.
MMP Blog #25 Responses Read More »
When government deficit spends, some of the claims on government will end up in the hands of foreigners. Does this matter? Yes, according to many.
MMP Blog #24: What if Foreigners Hold Government Bonds? 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 »