21st Century Fiscal/Monetary Blacksmithing: Part 3

Over the last two weeks, we’ve looked at real consequences of the government’s fiscal rigor mortis. We’ve also explored Modern Monetary Theory’s argument that the result of deficit spending is a public good—reduced unemployment and increased GDP growth.

This week, I’d like to give you a penny—no, a $1Trillion coin(!)—for your thoughts. (more…)

The following article 21st Century Fiscal/Monetary Blacksmithing: Part 3 was originally published on American Business Advisors

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