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Search Results for: inflation
Beyond the MSM: the New Wave of Brief Blog Posts on Platinum Coin Seigniorage
By Joe Firestone Introduction MSM bloggers and cable hosts weren’t alone in creating the new wave of posts and video segments on Platinum Coin Seigniorage (PCS) at the beginning of December. The blogosphere also produced brief posts from a number of … Continue reading
Functional Finance and the Debt Ratio—Part I
By Scott Fullwiler […] [Part 2] [Part 3] [Part 4] [Part 5] This five part series will explore at length (warning!) and in detail (another warning—wonk alert!) the MMT perspective on the debt ratio and fiscal sustainability. While the approach … Continue reading
Posted in Scott Fullwiler
Tagged debt ratio, functional finance, MMT, Modern Monetary Theory
America’s Deceptive 2012 Fiscal Cliff – Part 1
By Michael Hudson […] [Part 2] [Part 3] How today’s fiscal austerity is reminiscent of World War I’s economic misunderstandings When World War I broke out in August 1914, economists on both sides forecast that hostilities could not last more … Continue reading
Jumping the Abyss: Marriner S. Eccles and the New Deal, 1933-1940
By Mark Nelson We capitalists have got to decide how much we are going to pay for capitalism.[1] Marriner S. Eccles: New York Times, May 1935 This is the crowd that wants power rather than recovery- the crowd that for 12 years … Continue reading
How to disarm Trump’s Treasonous “Nuclear Weapon”
By William K. Black Donald Trump’s specialty is unintended self-parody and his recent statements on Fox News about how Republicans should engage in domestic economic terror by using a “nuclear weapon” against our economy prove that one can become wealthy … Continue reading
Fueled by Deficit Hysteria, Obama and the Republicans Are Choosing the Path of “Economicide”
By Michael Hoexter In the “fiscal cliff” negotiations and the subsequent debt limit talks between Obama and the Republican leadership of the House of Representatives, it appears that there will be no “good guys” because the talks and policy framework … Continue reading
Posted in Michael Hoexter
Tagged Deficit Hysteria, democrats, economicide, fiscal cliff, MMT, Modern Monetary Theory, obama, republicans
Kill the “fiscal cliff” instead of the Economy
By William K. Black (Cross Posted at Benzinga.com) Everyone now agrees that the so-called “fiscal cliff” is a stupid policy that threatens our economy and our people. Everyone agrees why the “fiscal cliff” is stupid – it inflicts austerity at … Continue reading
Richard Eskow Asks: Which Side Are You On?
By Joe Firestone Richard Eskow of the Center for the American Future, posted a very good one a couple of days ago. He used the old union meme “which side are you on” to beat up the President and Congress about Social Security … Continue reading
New MSM Trillion Dollar Coin Wave: Here’s The Big Story
By Joe Firestone The one thing that jumps out at you when reading the mainstream posts of the past week-and-a-half bringing Platinum Coin Seigniorage (PCS) into the forefront of attention again, for the first time since last year’s debt ceiling crisis, … Continue reading
Alternative Framing of Money: Coda
By L. Randall Wray Today George Lakoff had a new piece on Michigan’s “right to work” law. I won’t go into that issue, but obviously the framing involved in the naming of a law that is diametrically opposed to “right … Continue reading