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Tag Archives: CBO
QE for you and me
Donald Trump is many things–racist, reality TV star, torture advocate, strong leader with fascist tendencies. However, Trump is also a truth-teller, in that he has repeatedly challenged conventional wisdom, as articulated by the American political and media elite. He’s kind of … Continue reading
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Tagged 9-11, Bash kept us safe, Bernie Sanders, CBO, conventional wisdom, Donald Trump, economic orthodoxy, economic populism, fiat currency, George W. Bush, Iraq, Libya, Modern Monetary Theory, neoliberal, President Obama, public infrastructure, Syria, US imperialism
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Out of Thin Air
The US has a fiat currency, where money is created out of thin air with a stroke of the keyboard. For political reasons, we allow banks to enjoy the advantage of money creation rather than having the US Treasury issue … Continue reading
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Tagged banks, CBO, Ellen Brown, fiat currency, MMT, Modern Monetary Theory, Naked Capitalism, Rothschild, Web of Debt
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