Relevant and even prescient commentary on news, politics and the economy.

How money enters the economy through deficit spending

Guest post:  From reader McWop who has been a constant for a number of years, aka Matthew McOsker, writes on: How money enters the economy through deficit spending. A simple model for discussion. When the government deficit spends here are the mechanics: a) Government buys goods from some private entity, let’s say $1,000 worth. The […]