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.
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Saturday, September 6, 2014
James K. Galbraith — Stop Panicking About Our Long-Term Deficit Problem. We Don’t Have One.
A deficit owl smacks down both deficit hawks and deficit doves by .
I back Warren Mosler who argued for no debt at all. See 2nd last paragraph at the link below. Milton Friedman argued likewise.
ReplyDeletehttp://www.huffingtonpost.com/warren-mosler/proposals-for-the-banking_b_432105.html