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Tag Archives: Modern Monetary Theory
Tracking the Growth of American Authoritarianism
“Can There Really Be Fascist People In A Democracy?”Since the 1971 Powell Memo, America has moved closer and closer to Fascism.
Fiscal Conservatism Has It’s Place – Just Not at the Federal Level
If the federal government were forced into fiscal conservatism and had to balance its budget instead of balancing the economy, our economy could not be rescued or protected from another financial crisis nor could it help solve national problems like it did after other Great Recessions, or needs to do now to minimize the Sixth Great Extinction. Continue reading
Full Employment at a Living Wage Is Impossible With a National Balance Budget
A federal government with a sovereign currency has a unique responsibility/capability – A Balanced Economy. Unlike the federal government, you and I, our local governments, our county governments, and our state governments all have to live within a balanced budget, … Continue reading
Modern Money Theory/Practice – Fixing an Under-capacity Economy.
From Intro To Modern Money Theory: “Modern Monetary Theory is partly a description of how our modern fiat, floating exchange rate currencies actually work, and partly a prescription of what we ought to do with this knowledge. MMT realizes that … Continue reading