**UPCOMING RP EVENTS:** Macro 'n Chill - July 8th, "Bonding Against Austerity: Can States Offset Federal Cuts?" :money_with_wings: Come hang out with us!


**UPCOMING RP EVENTS:** Macro 'n Chill - July 8th, "Bonding Against Austerity: Can States Offset Federal Cuts?" :money_with_wings: Come hang out with us!


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Day: June 21, 2023

An Alternative Meme for Money: Conclusion

An Alternative Meme for Money: Conclusion

October 21, 2024June 21, 2023 by L. Randall Wray

The monetary system provides the power to do good, and the power to do bad is the other side of the coin.

Categories New Economic Perspectives Tags Capitalism, MMT
An Alternative Meme For Money, Part 7: Framing Deficits

An Alternative Meme For Money, Part 7: Framing Deficits

October 21, 2024June 21, 2023 by L. Randall Wray

A government deficit will result if the nongovernment sector has a surplus—a perfectly sustainable balance.

Categories New Economic Perspectives Tags Capitalism, Deficit, MMT, Sectoral Balances

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