Browsing Tag

Modern Monetary Theory

MMT for Austrians

I was eavesdropping on a conversation about Credit Writedowns on another blog (Pragmatic Capitalism) and wanted to share some of my thoughts with you on the conversation. One commenter, Mattay said: Harrison is an MMTer. As I read him,…

Economic Code Words

I was just having an argument/debate about quantitative easing. Marshall Auerback, Randy Wray and I all have posts here at Credit Writedowns which explain that quantitative easing does not create new net financial assets and is merely an…

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