Month: August 2022
MMP Blog #19: Effects of Sovereign Government Budget Deficits on Saving, Reserves and Interest Rates
Let us now begin to examine in more detail the government’s budget and impacts on the nongovernment sector.
MMP Blog #18: Fiscal and Monetary Policy Operations in a Nation that Issues its Own Currency
Our next topic: government spending, taxing, interest rate setting, and bond issue. We will examine fiscal and monetary policy formation by a government that issues its own currency.