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Thayer's essay fundamentally misunderstands the way our monetary system works | Opinion
"A government that issues its own currency can always pay its bills. It doesn't need to collect taxes or borrow to spend." Warren Mosler The only accurate parts of former state Sen. Damon Thayer's ...
There is a wide and deep misunderstanding of the modern monetary system and the causes of inflation.MMT (modern monetary theory) describes how a floating-exchange monetary system works (in contrast to ...
It would safeguard monetary stability, fend off private payment monopolies, and stand as a potent symbol of European unity The digital euro project has a simple motivation: to ensure that people in a ...
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