There’s nothing new about “modern monetary theory.” And, actually, a lot of it is true. You can print all the money you like — that is, increase the supply — as long as there is a corresponding ...
This is the first part of a two-part article. Throughout the history of capitalism and its recurrent crises, various theories have been brought forward by “left” theorists who maintain that these ...
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market ...
Few words spark more anxiety in public debate than "national debt" and "government deficit." National debt is the total amount of money the government owes, accumulated over years of running deficits.
Discover how monetarism impacts economic stability through money supply control, its key tenets, and how it compares to ...
Once upon a time, not that long ago actually, the federal deficit and national debt mattered. In 2008, then-presidential candidate Barack Obama said, “We’re just taking out a credit card from the Bank ...
As predicted, conservatives have responded to the latest $1.9 trillion stimulus package with outrage about our growing national debt, and the taxes that will be required from our children and ...
Congress has authorized $6 trillion in deficit spending to defeat the coronavirus. That’s more than the United States spent fighting World War II, when $4 trillion of government spending released the ...
There is considerable concern that as a nation, we are in danger of careening off a fiscal cliff unless Congress approves a rescue package to succeed the $2 trillion Cares Act. From a political ...
Despite James Mackintosh’s suggestion in “Streetwise: Modern Monetary Theory Isn’t Coming in the Future. It’s Here Now” (Markets, Nov. 22), MMT remains a niche theory endorsed by only a small but ...
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