tag:blogger.com,1999:blog-2761684730989137546.post8195580395304701168..comments2024-03-29T02:19:19.866-04:00Comments on Mike Norman Economics: Ellis Winningham — Understanding Money, Federal Spending, and Federal Tax Liabilitiesmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2761684730989137546.post-29074493673618538762019-02-06T10:02:55.409-05:002019-02-06T10:02:55.409-05:00Don't feed the troll.Don't feed the troll. Noah Wayhttps://www.blogger.com/profile/12012500819097539976noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-72403974363557277692019-02-06T07:57:05.309-05:002019-02-06T07:57:05.309-05:00Link on ‘Ellis Winningham ― Understanding Money, F...Link on ‘Ellis Winningham ― Understanding Money, Federal Spending, and Federal Tax Liabilities’<br /><br />A clueless MMTer explains macroeconomics to clueless beginners<br />https://axecorg.blogspot.com/2019/02/a-clueless-mmter-explains.html<br /><br />Egmont Kakarot-HandtkeAXEC / E.K-Hhttps://www.blogger.com/profile/10402274109039114416noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-29894837418366238502019-02-05T14:18:26.826-05:002019-02-05T14:18:26.826-05:00In short, you do not fund the US government, the U...<i> In short, you do not fund the US government, the US government funds you....<br /></i><br /><br />True but government privileges for "the banks" allow them to compete for the same real resources as the US Government and thus reduce how much the US Government might spend for a given amount of price inflation.<br /><br />Thus, price-inflation-wise, the US government is shooting itself in the foot by privileging banks, credit unions, etc.<br /><br />There's no way around it, regulations or no, government privileges for the banks is welfare for the rich.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.com