An Alternative Meme for Money, Part 6: Alternative Framing on Inflation
If there’s no inflation danger, there is no point in taxing the rich before keystroking the poor.
Inflation
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.
Replacing the Budget Constraint with an Inflation Constraint
Let’s stop pretending that replacing a budget constraint with an inflation constraint is so hard.
SVB: It’s a Wonderful Lie
So, who is responsible for this fiasco? Or for the last one? Or the next? Any reasonable person can see that the present system is untenable.
The Price of Hunger
Inadequate access to nutrition is a problem Americans can solve. It’s time to shut down the false narratives about pay-fors that keep solutions out of reach.
Sound Money
The inflation hawks have a point: inflation is genuinely destabilizing. But where the inflation hawks go wrong is in blaming “money printing” for inflation.
The Emperor’s New Commodities
Frauds and hucksters have always relied on false dichotomies and thought-terminating cliches to misdirect the attention of their audience from more appealing alternatives.
Money Growth Does Not Cause Inflation!
It is conventional wisdom that printing more money causes inflation. The only problem is, it’s not true. That’s not how inflation works.
Longing for Genuine Global Solidarity
So join me in this struggle, it’s my final plea. I’ll die trying if I have to, for this better future is within reach, and it’s yearning to be set free.
The Green New Deal Will Prevent Inflation
Not having a Green New Deal, however, could result in devastating cost-push (left finger) inflation.
