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Search Results for: inflation
New MSM Trillion Dollar Coin Wave Misses the Big Story: Bradford and Plumer
By Joe Firestone In my last three posts, I’ve critiqued the new wave of mainstream posts and commentary on Platinum Coin Seigniorage (PCS) on my way to making the case that the MSM are missing “the big story” about PCS. … Continue reading
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New MSM Trillion Dollar Coin Wave Misses the Big Story: Hayes and Carney
By Joe Firestone Did the MSM’s new wave of commentaries on platinum coin seigniorage (PCS) miss the really big story about it? Of course, I think it did, and I’ll continue my review of the MSM commentaries with the efforts … Continue reading
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New MSM Trillion Dollar Coin Wave Misses the Big Story: Pethokoukis and Wiesenthal
By Joe Firestone In this post I said I would blog about the likely expected relationship between the different PCS options and inflation using the framework laid out by Scott Fullwiler! But, after reconsidering, I thought I’d hold off until … Continue reading
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An Alternative Meme For Money, Part 7: Framing Deficits
By L. Randall Wray Deficits and Debt are probably the most terrifying topic that MMT addresses. We need to be careful. We are treading on moral (or religious) grounds. We know that one should not be a debtor (or, a … Continue reading
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The Reality of Nightmares
By J. D. Alt In his 12/8 Washington Post column, Ezra Klein says, “Projected deficits are driven by two factors: health-care-costs and old people.” He goes on to suggest, quite logically it seems, that in order to pay for all … Continue reading
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The Trillion Dollar Coin Is A Conservative Meme
By Joe Firestone The Trillion Dollar Coin (TDC) is, first, an oversimplified meme, because there’s not one TDC solution, but lots of Platinum Coin Seigniorage (PCS) variations on that idea with differing implications for politics. Some just kick the can … Continue reading
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Origin and Early History of Platinum Coin Seigniorage In the Blogosphere
By Joe Firestone [Revised 1/6/2013] This post records the history of platinum coin seigniorage in the blogosphere through the debt ceiling agreement on August 2, 2011. Its purpose is to correct errors in the record about the history of this … Continue reading
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A Meme For Money, Part 2: The Conservative Framing
By L. Randall Wray We all know the usual approach to money, that begins with a fantasized story about barter, the search for an efficient medium of exchange, the role of the goldsmith, and then on to the gold standard, … Continue reading
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CONFERENCE: The Return of Full Employment Policy
Date: December 3, 2012 Venue: Paasitorni, Sirkussali, Helsinki It is often argued that the era of full employment and Keynesian economic policy is over. Most orthodox economists claim that, in the long run, real full employment cannot be achieved with … Continue reading
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2020
By J. D. Alt It was in the year 2020 that a majority of people first began to “see” what money is. For a few months—after the “realization” started hitting the pages, airwaves, blogs, tweets and twits of mainstream media—it … Continue reading
