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Search Results for: inflation
An Explanation of the Bank Whistleblowers United 60-Day Plan
On Day One, the President directs each relevant federal financial agency to restore a superb criminal referral process, the criminal referral mandate, and criminal referral coordinators, at every federal financial agency. Local and state police forces rarely investigate sophisticated financial … Continue reading
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Wall Street Declares War on Bernie Sanders
By William K. Black Wall Street billionaires are freaking out about the chance that Bernie Sanders could be elected President. Stephen Schwarzman, one of the wealthiest and most odious people in the world, told the Wall Street Journal that one … Continue reading
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Money and Banking – Part 3: Monetary Base, Reserves, and Central Bank’s Balance Sheet
By Eric Tymoigne (A quick note: I noticed that the M&B posts get posted on other blogs. If you want me to respond to you, you should comment at NEP.) MONETARY BASE AND THE BALANCE SHEET OF THE FED. Post 2 … Continue reading
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DEBT-FREE MONEY AND BANANA REPUBLICS, PART TWO
By L. Randall Wray My previous blog sparked a lot of discussion, especially over at Naked Capitalism. I do pity Yves Smith! There’s enough nonsense in the commentary to populate a large nation. As I have argued, it is very … Continue reading
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DEBT-FREE MONEY AND BANANA REPUBLICS
By L. Randall Wray Some time ago, I labeled the “debt-free money” campaign a non sequitur in search of a policy. (See here.) However, this non sequitur refuses to die. I went on to joke that if they want a … Continue reading
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COP21 and Beyond: Outlines of an Actually-Effective International Climate Policy Architecture
By Michael Hoexter In this series, I attempt to outline key issues facing policymakers as they meet in Paris at the UN’s Conference of the Parties-21 starting on November 30th and possibly culminating in a global climate treaty by the … Continue reading
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MMT and Bernie Sanders
L. Randall Wray Yesterday Senator Bernie Sanders gave an important speech in which he invoked President Roosevelt’s “second bill of rights” in defense of his platform. As Bernie rightly pointed out, all of Roosevelt’s New Deal social programs to which … Continue reading
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Some Platinum Coin Objections from the Mainstream: Part V
This is Part V, and the conclusion, of the series providing my reply to Philip Wallach’s reply to my evaluation of his views on the platinum coin proposal and other options for settling debt ceiling conflicts. In Part I I … Continue reading
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Comments Off on Some Platinum Coin Objections from the Mainstream: Part V
Posted in Joe Firestone
Tagged $100 Trillion coin, Brookings Institution, Conservatism, consols, debt ceiling crisis, debt limit, fiscal myths, Mike Castle, Philip A. Wallach, Philip N. Diehl, platinum coin seigniorage, Political legitimacy, Trillion Dollar Coin, weirdness
Some Platinum Coin Objections from the Mainstream: Part IV
This is Part IV of my reply to Philip Wallach’s reply to my evaluation of his views on the platinum coin proposal and other options for settling debt ceiling conflicts. In Part I I discussed some preliminary mis-characterizations of what … Continue reading
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Some Platinum Coin Objections from the Mainstream: Part I
As I was working my way through the series of posts beginning with this one, news was announced that Republican and Democratic Party leaders in Congress, along with the President had come to agreement on the terms of ending the … Continue reading
