…this. They credit the private entity’s checking account to the tune of $1,000 (increases reserves by $1,000) b) Government issues a bond for $1,000 c) Private entity’s checking account is…

…between fixed-capital investment and a) debt levels and b) change in debt levels has been vanishingly small since the late eighties. …in the 1960s and 70s, a firm that was…

From an interview at Real News with Patrick Bond (the Director of the Center for Civil Society and Professor at the University of KwaZulu-Natal in South Africa): And the idea…

…Go system. And any “looting” is just an unfair way of presenting the legal requirement to invest those reserves in Treasuries. (You buy a bond and the government spends the…

…announcement (which overturned the strong forecast on intrade, much revered by readers of MR), only to rally later in the day after positive news about European bonds (and to be…

…value (perfect substitutes don’t have to have equal prices). The reply was that the differential between nominal treasuries and TIPS (bonds indexed to the CPI) went up showing an increase…

…compare subsidies among its then 23 members, I used a discount rate equal to the 10-year Treasury bond yield to come up with a present value of $140.6 million. Then…

…in and said: “a contract is a bond, do the job [which is impossible given the traditional ineptitude of defense contractors]. The point in Fensler’s article, which is valid today,…

…government in future years. (As Clinton found in 1993, when he was told the “bond markets” (i.e. the Reagan tax cuts) wouldn’t allow him to enact all his policy ideas….

…situations as identical — as if “money” were being exchanged for bonds (and implicitly, as if those bonds will eventually be “consumed”). Since (mental) models for barter economies must be…