Can MMT Save America? RP Live presents a special dual-function webinar with L. Randall Wray. talking about his latest book—Making Money Work for Us: How MMT Can Save America—and launching our next RP Book Club where we will be reading & discussing it further! After Randy’s presentation, we will fill you in on all the …
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Facebook Live Event with Charles Hayden. RSVP to the Event here. Reading Warren’s paper and highlighting stuff we should talk to him about, and formulating questions. A Framework for the Analysis of the Price Level and Inflation
Government spending is nothing like a household. The government’s job is to keep the economy in balance.
Have you recently discovered MMT or Modern Monetary Theory and want to learn more but aren’t sure where to start? Well, start at the beginning, of course!
Microsoft started in a garage. The Homebrew Computing Club was not exactly what you call… activists… then. They were visionaries. They started with an idea.
It may surprise you to know that the banking sector is one of the most regulated industries in the United States with a bank having to file regulatory documents with several agencies.
The US financial system is extremely complicated and this series shades light only on some corners of that system by focusing on the banking sector.
Given that the concept of leverage will be used often in the upcoming posts, this post spends some time explaining what leverage is and some of its impacts on the balance sheet of any economic unit.
The post studies how the Fed is involved in fiscal operations and how the U.S. Treasury is involved in monetary-policy operations. The extensive interaction between these two branches of the U.S. government is necessary for fiscal and monetary policies to work properly.