Day: April 1, 2017

Fundamentalist finance is a doctrine, usually espoused by ill-informed politicians, for the operation of government consisting of two tenets: Government is just like a household and must balance its budget, and government debt is an immoral burden upon our children. Its all bunk.

Money is no longer a finite amount for a monetarily sovereign nation, and as such, the federal tax and spend model we used to subscribe to no longer fits how we now perceive to generate currency, and employ the unemployed. Before we look at that we must first define some terms and dissect their significance.