Sunday, June 25, 2017

Warren Mosler — Credit Check

US domestic private credit continues to be weak.

The Center of the Universe
Credit Check
Warren Mosler

1 comment:

Andrew Anderson said...

Why do we call it "capitalism", i.e. based on equity, when the economy is largely driven by credit/debt created by a government-privileged usury cartel?

Why is it called "capitalism" when the savings/equity of the poorer/less so-called credit worthy are bypassed/diluted by purchasing power creation for the richer/more so-called credit worthy?