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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Friday, November 13, 2015
'A Very Big Mistake': Joseph Stiglitz Slams Obama for Pushing the TPP — Amy Goodman interviews Joe Stiglitz
'This is about who makes the rules of trade—the American people or the corporations.'
@tyler healey...well put, my friend. However, I take issue with "Obama knows what it will do. I think he's clueless on this stuff, but prefers instead to listen to his neoliberal advisers because they seem like "very serious people" to him.
Obama does not view it as a mistake. He knows what it will do. He's just an exceptionally good liar and the American people are suckers.
ReplyDeletehttp://www.colorado.edu/economics/courses/econ2020/section10/section10-main.html
ReplyDeletePlease do a post debunking this...
Already refuted by economists at the BOE and BIS.
ReplyDeleteThe so-called money money multiplier is an ex post accounting residual rather than an ex ante cause as erroneously assumed.
kaplan@spot.colorado.edu
ReplyDeleteThe guy.
@tyler healey...well put, my friend. However, I take issue with "Obama knows what it will do. I think he's clueless on this stuff, but prefers instead to listen to his neoliberal advisers because they seem like "very serious people" to him.
ReplyDelete