The Deficit Myth: Banking Between the Lines
“Now, the rest is up to us because we are responsible for each other and to each other.
We are responsible to the future, and not to Chase Manhattan Bank.”
Robert Hockett
The Green New Deal Will Prevent Inflation
Not having a Green New Deal, however, could result in devastating cost-push (left finger) inflation.
White Paper: A National Investment Authority
Robert C. Hockett and Saule T. Omarova propose in the white paper listed below that the United States government create a ‘National Investment Authority’ as an intermediate agency between the Federal Reserve and the United States Treasury. Its function would be to mobilize capital from both the public and private sectors to benefit the general …