Modern money is a spreadsheet! It works by computer! When government spends or lends, it does so by adding numbers to private bank accounts. When it taxes, it marks those same accounts down. When it borrows, it shifts funds from a demand deposit (called a reserve account) to savings (called a securities account). And that for practical purposes is all there is. – James K. Galbraith, Introduction to Warren Mosler’s 7 Deadly Innocent Frauds of Economic Policy
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- The Neoliberal Blockbuster: Toy Story Part 2 (Full Episode)
- The Last House on the Left
- Superstructure: Comforted & Chastened : A Liz Bruenig Special
- Superstructure: 27 - Sunrise or DSA?
- The Philosophy of Money with Graham Hubbs
- Zero-hour contracts in the UK are an affront to progress
- Do Sectoral Rates of Surplus Value Tend to Equalize, and Why Ask?
- Housing starts, buying conditions for houses, fiscal policy forecast
- Bill Mitchell — ECB researchers find fiscal policy is very effective and more so if central banks buy up the debt
- Is China Facing a Minsky Moment? — Philip Pilkington