The MMT Podcast with Patricia Pino & Christian Reilly
- #133 Hannah Appel: Debt Cancellation - The Activist's Toolkit
- #132 Phil Armstrong: Greece, The Euro & Getting The Money Story Right
- #131 Fadhel Kaboub: Free Trade Isn’t Free: Food Sovereignty And Why It Matters
- #130 Andrés Bernal: Inflation & What Orthodox Economists Misunderstand About Money
- #129: MMT Lens On The Chancellor's Spring Statement
Real Progress In Action
Money on the Left
- Money on the Left: The Journal featuring "Food, Money & Democracy"
- Projections 5: In Social Medias Res
- Superstructure: Plato’s Republic (Part 2)
- Municipal Money After Crypto: Austin Edition
- Projections: May '22 in Review
The Modern Money Daily
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Monthly Archives: September 2010
Budget surpluses are not national saving
As a matter of accounting between the government and non-government sectors, a government budget deficit adds net financial assets (adding to non government savings) available to the private sector and a budget surplus has the opposite effect. The last point … Continue reading
The Myth of Crowding Out
This is the final blog post of the Deficit Spending 101 series, it immediately follows the Central Bank Role blog. We now know that it is a myth to perpetuate the idea that a currency-issuing government is financially constrained. This … Continue reading
Central Bank Role
This blog follows directly from “Deficit Spending 101 – Part 3”. The central bank operations aim to manage the liquidity in the banking system such that short-term interest rates match the official targets which define the current monetary policy stance. … Continue reading
Deficit Spending 101 – Part 3
This is Part 3 in Deficits 101, which is a series I am writing to help explain why we should not fear deficits. In this blog we consider the impacts on budget deficits on the banking system to dispel the … Continue reading