MMT affiliated legal academic here approvingly citing a report from the future Peterson affiliated David Walker headed GAO from 17 years ago... what for I have no idea...
What ever happened to all the bs "neoliberal framing!" concerns? Getting confused over the figurative "framing!" maybe? Maybe thinking "neoliberal framing!" is an actual literal framed picture of the the word "neoliberal!" hanging on the wall in Larry Kudlow's Whitehouse office???
7 part tweet thread endorsing a David Walker GAO report... nice job kid!..
Another great extract from a 2002 GAO report on CB operating capital:— Rohan Grey (@rohangrey) June 21, 2019
"Federal Reserve Board officials have acknowledged publicly the argument that a central bank may not need capital to absorb losses because ...
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