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Borrowing

Do Bond Sales & Borrowing Finance US Deficit Spending?

Do Bond Sales & Borrowing Finance US Deficit Spending?

July 23, 2025February 22, 2024 by L. Randall Wray

Professor L. Randall Wray responds to this question and debunks the misunderstandings and fallacies surrounding it.

Categories Economic Justice, New Economic Perspectives Tags Bonds, Borrowing, Deficit, Federal Reserve, Treasury

MMT and External Constraints

MMT and External Constraints

November 28, 2024May 27, 2023 by L. Randall Wray

To Fix or To Float, that is the question.

Categories New Economic Perspectives, Real Progressives Tags Borrowing, Foreign Exchange, Imports-Exports, MMT, Sovereignty

How Progressives Can Win Big

How Progressives Can Win Big

February 10, 2025November 17, 2017 by Steven D. Grumbine

Casting out the Spirit of Defeatism, One Keystroke at a Time

Categories Democracy, Op Ed Tags Borrowing, MMT, National Debt, Taxation

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