commentary by Roger Erickson
Here's another article you wouldn't expect to see in the Washington Post.
Maybe someone at the CFR read Warren Mosler's book & decided to have "one of their own" plagiarize - as a novel insight - it and all fiat-currency literature going all the way back to John Law.
Could this be the start of a campaign to puncture their own straw man? Does this mean that the DT's have decided it's time to recover from their own DTs? Admittedly, one advantage of having the DTs is that one can rearrange one's paradigm at will, as if in a self-editing dream. There's even a bevy of contractors - like Zachary Karabell - collectively known as the PICC, or Propagandist Industrial Controlfraud Complex.
Another way to look at the national debt