John Lounsbury — The Terrifying Danger of the Trillion Dollar Coin

Excellent post by John Lounsbury shows the real implication of TPC, the option of government self-financing and the consequent ending of the public subsidy to finance in the form of operationally unnecessary interest payments on consolidated non-government saving of net financial assets in aggregate and with it ending the so-called government intertemporal budget constraint.

Global Economic Intersection
The Terrifying Danger of the Trillion Dollar Coin: No One is Talking about the Bottom Line with the Platinum Coin
John Lounsbury | Managing Editor and Co-founder of Global Economic Intersection

MMT Summit Rocks in Italy

Read it at Global Economic INtersect
MMT Summit Rocks in Italy

by John Lounsbury

Hugo Heden and John Lounsbury — The Job Guarantee Brouhaha

Read it at Global Economic Intersection
The Job Guarantee Brouhaha
by Hugo Heden and John Lounsbury

(h/t Hugo Heden)

John Carney replies below in the comments here.