29 May 2023 Archives

What Are Taxes For? The MMT Approach

November 11, 2024May 29, 2023 by L. Randall Wray

Sovereign government does not really need revenue in its own currency in order to spend.

November 5, 2024May 29, 2023 by L. Randall Wray

It’s elementary, my dear Holmes. Taxes drive the currency.