Democrats Need to Give Up Being Deficit Hawks Even When it Feels Good Politically
A nation like the U.S. with a sovereign currency that borrows in that currency and allows that currency to “float” is nothing like a household when it comes to budget.
Day: May 30, 2023
The Debt Ceiling and America’s Stockholm Syndrome
Sadly, just like a hostage held captive for too long, much of the general public has bought into fundamentally flawed ideas.
What Does the Trillion Dollar Coin Do?
It’s a simple solution, and not scary at all – unless you are one of the people behind the curtain trying to maintain the economic lies keeping you in power.
The Perfect Fiscal Storm: Causes, Consequences, Solutions
Understanding how federal finance works makes for better predictions and sensible policy.
The Fake Social Security Solvency Crisis is Congress’ Fault!
Predictions of doom are really based on provisions in law that Congress can change at any time.
How To Pay For The War
Remarks by L. Randall Wray at “The Treaty of Versailles at 100: The Consequences of the Peace”, a conference at the Levy Economics Institute, Bard College, May 3, 2019.
