Mike Norman Economics

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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Showing posts with label HPM. Show all posts

Showing posts with label HPM. Show all posts

Wednesday, August 14, 2013

Warren Mosler — Defining “Base Money” with floating fx- The Great Reframation

With fixed fx/convertible currency ‘base money’ doesn’t include govt secs as those obligations are claims on govt reserves (gold, fx, etc.)...

Saturday, April 27, 2013

Andrew Lainton — Optimum Taxation Policy and the Impact of Public Debt Under Modern Monetary Theory

This post was prompted by Tim Wortsall, of all peoples, post on whether progressive taxation makes sense a MMT world. In a sense he was ri...

Friday, January 18, 2013

Stephan Ewald — Cash Is King

So there’s this convoluted debate between Steve Waldman and Paul Krugman about the nature of base money. Izabella Kaminska from FT Alphavil...

Tuesday, January 15, 2013

Merijn Knibbe — Base money basics

Real-World Economics Review Blog Base money basics Merijn Knibbe | Wageningen University, Netherlands

Friday, March 9, 2012

Winterspeak — The Myth of High Powered Money

Does the government fiscal deficit flow to savings or equity? Winterspeak says equity and denotes this as NFA (e). There is already a spi...

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