Recently, the neglected question of why the US government borrows, given that it can print money, has arisen in the context of discussions surrounding a new documentary, Finding the Money. As L. Randall Wray observes in […]
MMT economist argues that MMT policy solutions were not applied during the 2008 financial crisis nor the pandemic crisis, but in both cases the government solutions showed that affordability is not the problem. L. Randall […]
What is missing from the debates over monetary policy today is the understanding that the Fed was not established to control inflation. It was created to prevent financial crises by acting as a lender of […]
An historical review of Federal Reserve Policy since WWII Read HERE
Patricia and Christian talk to primary MMT academic and author of Understanding Modern Money Professor L. Randall Wray about his early insights into the origins and nature of money and how MMT applies to the […]
What is being conveniently presented as Modern Monetary Theory by governments to save corporations is in many ways quite different than the leading MMT scholars have advocated. Yeva Nersisyan is an associate professor of economics […]
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