An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Pages
▼
Pages
▼
Tuesday, August 27, 2013
Randy Wray — Krugman Rediscovers the Wheel: Commercial Banks As Creators of Money
I hope Paul Krugman will move on to a 21st century understanding of banking.
Well, he's made it to 1933. Only 80 years of catching up to do!
ReplyDeletesounds like more of a Friedman bootlicker that ever
ReplyDeletehttp://en.wikipedia.org/wiki/John_Kenneth_Galbraith#Criticism_of_Galbraith.27s_work
and an elitist Libertarian at heart