MMP Blog #34 Responses
Comments and responses on the Modern Money Primer Part 34.
Monetary Policy
MMP Blog #31: FUNCTIONAL FINANCE: Monetary and Fiscal Policy for Sovereign Currencies
This week we begin a new topic: functional finance. Today we will lay out Abba Lerner’s approach to policy.
MMP Blog #18: Fiscal and Monetary Policy Operations in a Nation that Issues its Own Currency
Our next topic: government spending, taxing, interest rate setting, and bond issue. We will examine fiscal and monetary policy formation by a government that issues its own currency.
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.
Bad Medicine Root Cause Analysis: Abstractions Are Killing Us
Abstractions are invented and agreed upon by us but often become runaway Frankenstein’s monsters when we forget that we made them up.